Iranâs total non-oil exports topped $37 billion in total over the past 11 months, a 15 percent rise over the previous year, when sanctions were at their most stringent level. This included more than $550 million in trade with the United States, according to Iranian officials.
Wiktionary (2.00 / 1 vote) Rate this definition: profit (Noun) Total income or cash flow minus expenditures. The money or other benefit a non-governmental organization or individual receives in exchange for products and services sold at an advertised price. profit (Noun) Benefit, positive result obtained.
Profit is a positive value for revenue minus costs. The easiest and most basic way is to take the total revenue of the business and minus the total cost of the business. Hence, Profit = TR - TC. From my understanding, this simple equation have different interpretations based on different subjects.