Why is there no definite article before accounting terms in companies' statements? For instance, "Net profit decreased by 3% year-on-year... etc." instead of "THE net profit decreased... etc." I would appreciate your help in giving me a hint where I could read more about this case. Thanks in advance.
Top answer
'Net profit' is being presented as a concept. In addition, such statements often used clipped English, much as tables do.
— Mister Micawber
'Net profit' is being presented as a concept.
In addition, such statements often used clipped English, much as tables do.
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