a profit of around

USAGE SUMMARY

The phrase "a profit of around" is correct and usable in written English.
It can be used when discussing an estimated or approximate amount of profit in a financial context. Example: "The company reported a profit of around $500,000 for the last quarter."

✓ Grammatically correct

News & Media

Formal & Business

Science

Wiki

Human-verified examples from authoritative sources

Exact Expressions

44 human-written examples

Not even Mason, the promoter, who ended up with a profit of around £100.

The Guardian - Sport

The 9.9m shares were placed at 660p each, netting Samsung a profit of around £42m.

The Guardian - Business

Barclays closed 18.3p lower at 363.75p as Qatar sold £1.36bn worth of shares in the bank at 360p each, giving it a profit of around £600m.

The Guardian - Business

Analysis by property firm Hometrack earlier this year said that since it first opened in 2013, the government may have made a profit of around £213m as house prices have surged.

The Guardian - Money

"By the end of the season we'll have made a profit of around £1.5m.

BBC

Uneximbank ran the auction for a 38 percent stake of Norilsk Nickel, the giant mining-and-metallurgical complex in northern Siberia that at the time was booking a profit of around $400 million a year and had $2 billion of debt.

The New York Times - Magazine

Human-verified similar examples from authoritative sources

Similar Expressions

16 human-written examples

"It's worth about £220,000 now – if not a bit more," he says, which suggests a paper profit of around £37,000.

The Guardian - Money

You can earn a healthy profit of around 16,000 - or you could lose a few coins.

WikiHow

Unlike other solar companies that have faced tough financial headwinds, Power-One, the world's second-largest maker of solar inverters after SMA Solar Technology of Germany, reported a pretax profit of around $120 million last year.

The New York Times

While the banking arm booked a pretax profit of around 700 million euros ($954 million), benefiting from the large numbers of investors keeping their money in cash while ING pays them little interest, provisions for bad loans rose.

Forbes

The 24-year-old made a profit of A$4,000 (around £2,340) from the bet that was placed for him by a punter, Anthony Gardiner.

The Guardian - Sport

Expert writing Tips

Best practice

When using "a profit of around", ensure the context clearly indicates the currency or unit of measurement (e.g., dollars, euros, percentage). This avoids ambiguity and enhances clarity.

Common error

Avoid stating "a profit of around" followed by an excessively precise number. For example, "a profit of around $1,000,000.50" is contradictory. Opt for rounding to maintain consistency with the approximate nature of the phrase.

Linguistic Context

The phrase "a profit of around" functions as a qualifier, specifically indicating an approximate or estimated amount of profit. As Ludwig AI confirms, it's grammatically correct. This is evident in the examples provided, where the phrase modifies a specific numerical value, suggesting it's not an exact figure.

Expression frequency: Very common

Frequent in

News & Media

60%

Formal & Business

20%

Wiki

10%

Less common in

Science

5%

Encyclopedias

3%

Reference

2%

Ludwig's WRAP-UP

The phrase "a profit of around" is a common and grammatically sound way to express an approximate profit amount, as confirmed by Ludwig AI. It's used across various contexts, particularly in news, business, and general media, to convey financial information without requiring precise figures. When using this phrase, ensure the context clarifies the currency and avoid pairing it with overly precise numbers. Alternatives like "approximately a profit of" or "an estimated profit of" can be used for similar effect. Remember to consider the level of formality required by your writing context.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

approximately a profit of

Replaces "around" with "approximately", indicating a similar level of estimation.

an estimated profit of

Uses "estimated" instead of "around", highlighting the speculative nature of the profit.

a profit in the vicinity of

Employs "in the vicinity of" to convey the idea of approximation.

a profit margin of approximately

Specifies "profit margin" and uses "approximately", focusing on the ratio of profit.

a projected profit of about

Indicates a forecasted profit using "projected" and "about".

roughly a profit of

Uses "roughly" to suggest an approximate amount.

a profit of nearly

Suggests the profit is close to a specific amount.

a profit in the neighborhood of

Uses the idiom "in the neighborhood of" to indicate an estimated range.

a profit of close to

Indicates the profit is near a certain figure.

a profit of something like

Suggests an approximation with "something like".

FAQs

How can I use "a profit of around" in a sentence?

You can use "a profit of around" to indicate an approximate profit amount. For example, "The company reported "a profit of around" $5 million this quarter".

What are some alternatives to saying "a profit of around"?

Alternatives include "approximately a profit of", "an estimated profit of", or "a profit in the vicinity of" depending on the context.

Is it appropriate to use "a profit of around" in formal writing?

Yes, it's generally acceptable in formal writing, especially when the exact profit figure is unknown or an estimate is sufficient. However, for official financial reports, precise figures are preferred when available.

What's the difference between "a profit of around" and "a profit of exactly"?

"A profit of around" implies an approximation, whereas "a profit of exactly" indicates a precise amount. Use "a profit of around" when the figure is not known precisely or when providing an estimate, and use "a profit of exactly" when you have the precise figure.