Guoco
0053.HK
#3625
Rank
$2.97 B
Marketcap
$9.05
Share price
-1.33%
Change (1 day)
30.59%
Change (1 year)

Operating Margin for Guoco (0053.HK)

Operating Margin at the end of 2023: 19.63%

According to Guoco's latest financial reports and stock price the company's current Operating Margin is 19.63%. At the end of 2023 the company had an Operating Margin of 19.63%.

Operating Margin history for Guoco from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202319.63%-19.38%
202224.35%1.67%
202123.95%

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.