What is the difference between "earnings before interest and tax" and "earnings before interest and tax"?

The difference between "profit before interest" and "income before interest";

1. Pre-tax profit refers to the calculated profit after deducting interest before tax, that is, the total profit.

Profit before tax = total profit.

2. EBIT = total profit+"interest expense" in the traditional income statement.

Interest expense of management income statement = interest expense of traditional income statement-investment income of financial assets-gains and losses from changes in fair value of financial assets+impairment loss of financial assets.

Earnings before interest and tax, in layman's terms, is the profit without deducting interest or income tax, that is, the pre-tax profit without considering interest payment, which can also be called earnings before interest and tax. Earnings before interest and tax, as its name implies, refers to the profit before paying interest and income tax.