first-half profit

noun [C]

Definition

› ACCOUNTING, FINANCE a company's profit calculated for the first half of its financial year: The company's first-half profit quadrupled as network sales continued to boom.announce/post/report first-half profits The company posted first-half profits of £27m pre-tax, up from £12m last time.

(Definition of first-half profit noun from the Cambridge Business English Dictionary © Cambridge University Press)

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