FGI Industries Ltd. Annual Operating Margin in % from 2021 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
FGI Industries Ltd. quarterly/annual Operating Margin history and growth rate from 2021 to 2023.
  • FGI Industries Ltd. Operating Margin for the quarter ending June 30, 2024 was 0.79 %, a 69% decline year-over-year.
  • FGI Industries Ltd. annual Operating Margin for 2023 was 1.97 %, a 37.5% decline from 2022.
  • FGI Industries Ltd. annual Operating Margin for 2022 was 3.15 %, a 25.9% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 1.97 -1.18 -37.5% Jan 1, 2023 Dec 31, 2023
2022 3.15 -1.1 -25.9% Jan 1, 2022 Dec 31, 2022
2021 4.25 Jan 1, 2021 Dec 31, 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.