• Tsingtao Brewery average net profit margin for 2020 was 7.63%, a 18.48% increase from 2019.
• Tsingtao Brewery average net profit margin for 2019 was 6.44%, a 58.02% increase from 2018.
• Tsingtao Brewery average net profit margin for 2018 was 15.34%, a 89.15% decline from 2017.

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