profit centre

noun

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

Example Sentences

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.

From Reuters

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.

From Reuters

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.

From Reuters

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”.

From The Guardian

But the FCA report found it was a profit centre with an "intentional, co-ordinated strategy" to put the bank's interests ahead of its customers'.

From BBC