He led the company through its only four years of profitability.
"The concept of profitability is something many companies in these countries don't know anything about."
The decision results from a review of its financial/commercial profitability.
"Now you have the concept of profitability and people are looking at the cost," he said.
As a result, they have started to enjoy higher levels of profitability.
At its peak of profitability, in 1999-2000, the paper made more than $100 million.
The bank's return on equity was 19.3 percent, a high level of profitability for a bank.
In 1904 it was closed due to a lack of profitability.
Commonwealth reported its first full year of profitability in 2005.
Many companies have problems of profitability and restructuring is necessary.