Hi All
At last some real figures! I am only looking at CNN. No real figures for other company.
GROSS margin of 11% on sales. Sorry guys. No company can survive on 11% GP. The more we sell the more we will lose.
11% should be an aim for NET profit margin not GROSS profit.
May be a strategy to get market share, but I have just lost all hope.
Pear
Ann: Chairman Address for AGM, page-3
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
