For more information, see our guide on how to increase your profitability.

At present various schemes are being tried to increase its profitability.

"But as the industry has come back we worked to increase our profitability, which was shown in the past few quarters."

Another step to increase profitability, he suggested, would be to sell some operations.

During his term as director, the Mint increased its profitability from $727 million to $2.6 billion.

The company said internal cost controls helped increase its profitability.

Rate increases have helped the industry sharply increase its profitability.

There are four key areas that all businesses can consider when aiming to increase profitability.

"It's never great when your main distributor is trying to increase profitability rather than sales," he said.

Since his arrival in 1999, the company has steadily increased its sales and profitability.