Examples of Gross Profit in a sentence
Gross profit margin in 2001 was 38.2%, a 0.5% decrease compared to 38.7% achieved in 2000.
Income Statement For the year ended 31st March2011US$2010US$ Revenue 2,286,992 1,446,464Direct operating costs(417,784)(361,476) Gross profit 1,869,208 1,084,988Other income and gains146132,878 1,869,3541,217,866Administrative expenses(165,029)(157,939) Profit before finance expenses 1,704,325 1,059,927Finance expenses(1)(420) Profit before taxation 1,704,324 1,059,507Income tax expense(328,391)(229,123)Profit for the year1,375,933830,384 Figures in brackets indicate deductions.
Gross profit For the three months ended June 30, 2018, gross profit decreased by 8.9% to $23.6 million, compared to $25.9 million in the three months ended June 30, 2017.
Gross profit margin contributed from the continuing operations for the year decreased to 45.3% (2017: 50.0%).
Gross profit margin decreased by approximately 6.5% from 23.0% in FY2021 to approximately 16.5% in FY2022 which was mainly due to the significant increase in cost of sales as mentioned above.Administrative Expenses The Group recorded administrative expenses amounting to approximately S$9.0 million in FY2022 (FY2021: approximately S$7.2 million).