• News average pre-tax profit margin for 2023 was 3.58%, a 40.63% increase from 2022.
• News average pre-tax profit margin for 2022 was 6.03%, a 13.77% decline from 2021.
• News average pre-tax profit margin for 2021 was 5.3%, a 138.77% increase from 2020.

Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue.