• News average net profit margin for 2023 was 1.8%, a 56.1% increase from 2022.
• News average net profit margin for 2022 was 4.1%, a 14.58% decline from 2021.
• News average net profit margin for 2021 was 4.8%, a 142.22% decline from 2020.

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