• Target average net profit margin for 2024 was 4.1%, a 29.75% decline from 2023.
• Target average net profit margin for 2023 was 3.16%, a 16.62% increase from 2022.
• Target average net profit margin for 2022 was 3.79%, a 40.78% decline from 2021.

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