They are profitable.
Its very profitable
No, a profitable company is not always a successful business. Profit shows that a company is making money at a certain point in time, but true success also depends on stability, reputation, legal compliance, and long-term growth. A business may earn profits while still facing risks such as poor governance, weak contracts, regulatory issues, or unsustainable practices. Long-term success comes from strong management, clear legal structures, ethical operations, and the ability to adapt to market changes. This is why many businesses focus not only on profits but also on compliance, risk management, and strategic planning - areas where legal guidance from firms like KN Law LLP can play an important role.
A profitable company is not necessarily a solvent company. Being solvent means that company is able to cover its liabilities and this does not translate to profitability.
RIL is the most profitable compnay in india 2011...
Explain how it's possible for sales growth to decrease the value of a profitable company.
For the Fiscal Year Ended October 2, 2010, The Walt Disney Company earned $4 billion on Revenues of $38 billion.
The CampbellÕs Soup Company was the first company that condensed soup. This was established by Dr. John T. Dorrance in the year 1897 and became profitable in 1921.
Samsung, based in Seoul Korea, has risen to become the most profitable consumer-electronics company in the world.
You did not supply enough information. Was the company profitable for the year? How did that compare to last year? Did the VP contribute much? How does the company plan to hand out bonuses to the rest of the staff? What industry is involved? Is this a performance-based reward or just another perk? Were there other bonuses handed out during the year? Did he blame someone else for his farting louder than expected in a staff meeting? Ten percent is a reasonable starting point for genuine effort in a profitable year.
Porsche
Matt corp