WETOUCH TECHNOLOGY INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2020 | 49.8% | 37.9% | 28.5% |
| FY2021 | 45.2% | 31.0% | 42.6% |
| FY2022 | 37.0% | 30.1% | 23.0% |
| FY2023 | 43.3% | 31.9% | 20.8% |
| FY2024 | 32.2% | 22.0% | 14.3% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2020 | 49.8% | 37.9% | 28.5% |
| FY2021 | 45.2% | 31.0% | 42.6% |
| FY2022 | 37.0% | 30.1% | 23.0% |
| FY2023 | 43.3% | 31.9% | 20.8% |
| FY2024 | 32.2% | 22.0% | 14.3% |