Guoco
0053.HK
$8.94
Share price
-1.41%
Change (1 day)
3.83%
Change (1 year)
Categories
Operating Margin for Guoco (0053.HK)
Operating Margin at the end of 2022: 24.35%
According to Guoco's latest financial reports and stock price the company's current Operating Margin is 24.35%. At the end of 2022 the company had an Operating Margin of 24.35%.
Operating Margin history for Guoco from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 24.35% | 1.67% |
| 2021 | 23.95% |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.