Social Media Website ‘Facebook earned 16 Billion Net Profit in the Year 2017. In 2017, Facebook Company paid Extra Taxes and Hire New Employee for its Company. After All these Expenditures, Facebook Earned 16 Billion $ Net Profit in Financial Year 2017. Facebook Earned 16 Billion Net Profit in 2017
According to AFP, Facebook Profit in Last Quarter of the 2017 Year increased by 20% to 4.3 $ Billion or 3.4 Billion Euros. Last year, After spending all expenses in the total income, Facebook Earned 16 Billion Dollar Last Year. Which Net Profit is 56 Higher than Last Year 2016.
Facebook company owner Mark Zuckerberg says the company’s annual expenses worth more than $ 5 billion in 2017, and the total amount was $ 20.5 billion, in the end of 2017, in the end of 2017. The US $ 2.27 billion has to pay separately for the unusual payment. Thus, the overall annual income of Facebook was around $ 39 billion last year.