Examples of Gross Profit Margin in a sentence
Cost of Sales and Gross Profit Margin The Group’s cost of sales for 2007 and 2006 amounted to approximately US$20.5 million and US$15.0 million respectively, resulting in a gross profit margin of approximately 40.3% and 44.7% respectively.
Abnormally low Gross Profit Margin may indicate possibility of bogus purchases booked by the assessee.
Gross Profit and Gross Profit Margin The Group’s gross profit increased from approximately RMB75.7 million for the year ended 31 December 2019 to approximately RMB85.4 million for the year ended 31 December 2020.
However, the continued shift to IOs impacted Adjusted Gross Profit Margin as expected by approximately 40 basis points, but with offsetting benefits in Selling, Distribution, andAdministrative (“SD&A”) expense.SD&A expenses decreased (0.6)% compared to the prior year period.
Our work on Gross Profit Margin has also seen an improvement from 49.9% in H1FY22 to 58.1%.