Meaning of “net profit” in the English Dictionary

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"net profit" in Business English

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net profitnoun [ C or U ]

uk us FINANCE, ACCOUNTING

the money made by a company or part of a company for a particular period after all costs, taxes, etc. have been paid:

net profit climbs/falls/rises Annual net profit fell 20% in the wake of tough competition.
a net profit of $12m/£78m/€1bn, etc. The company posted a net profit of $160m for the first quarter.

the money made from selling something after all costs, taxes, etc. have been paid:

The ticket agent's profit is calculated as the sum of the net profit from selling tickets and the bonus.

(Definition of “net profit” from the Cambridge Business English Dictionary © Cambridge University Press)