profit centre

noun

1. a unit or department of a company that is responsible for its costs and its profits

Example Sentences

For many companies - like the US supermarket chain Target - their India centres are now "almost second headquarters" with their top bosses working from there, driving business outcomes, creating additional revenue streams and turning the operation from a "cost" to a "profit" centre, Mr Ahuja said.

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The actor, 61, opened the Teatro del Soho theatre in Malaga two years ago to serve as a non profit centre for the production, training and promotion of performing arts.

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At the other end of the scale, FCA’s SUV and truck business is a major profit centre, so Tavares is likely to leave it alone and drop plans to reintroduce PSA brands to U.S. consumers.

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A huge domestic market is by far the biggest profit centre for China’s tech firms, and some countries remain keen to accept Chinese investment.

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George Eckes, a consultant who worked with executives at the very top of GE before 2000, said that with hindsight GE had “followed this profit centre to the point of excess”.

Read more on The Guardian