• Frontline average net profit margin for 2023 was 38.94%, a 157.88% decline from 2022.
• Frontline average net profit margin for 2022 was 15.1%, a 129.14% increase from 2021.
• Frontline average net profit margin for 2021 was 6.59%, a 79.84% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.