InvestorsHub Logo

value1008

05/15/17 1:40 PM

#2186 RE: Personalizit #2184

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! :-)

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