• News average net profit margin for 2023 was 1.99%, a 56.64% increase from 2022.
• News average net profit margin for 2022 was 4.59%, a 42.11% decline from 2021.
• News average net profit margin for 2021 was 3.23%, a 128.63% increase from 2020.

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