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Re: Personalizit post# 2184

Monday, 05/15/2017 1:40:11 PM

Monday, May 15, 2017 1:40:11 PM

Post# of 3668
He was talking about gross profit margins. Just do the math:

revenues ($2,747,611) divided by gross profit ($1,615,398) = 58.7%.

That's a gross margin figure.

The net profit margin is revenues divided by net income...
Just clarifying.

Most companies have a decent looking gross margin but a FAR LOWER net profit margin. SINO's net profit margin is ENORMOUS! smile

And that's what we mean by a really impressive bottom line!