• Smc average net profit margin for 2023 was 26.9%, a 5.16% increase from 2022.
• Smc average net profit margin for 2022 was 25.58%, a 11.85% increase from 2021.
• Smc average net profit margin for 2021 was 22.87%, a 1.15% increase from 2020.

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