Richards Packaging Income Fund Profit margin
What is the Profit margin of Richards Packaging Income Fund?
The Profit margin of Richards Packaging Income Fund is 0.46%
What is the definition of Profit margin?
Profit margin is a measure of profitability and is calculated by finding the net profit as a percentage of the revenue.
lfy (last fiscal year)
Profit margin is calculated with the selling price (or revenue) taken as base times 100. It is the percentage of selling price that is turned into profit. Profit percentages are calculated to find the ratio of profit to cost of an investment. Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. The profit margin is used mostly for internal comparisons. It is difficult to accurately compare the net profit ratio for different entities. Individual businesses' operating and financing arrangements vary so much that different entities are bound to have different levels of expenditure, so that comparison of one with another can have little meaning. A low profit margin indicates a low margin of safety: higher risk that a decline in sales will erase profits and result in a net loss, or a negative margin.
Profit margin of companies in the Materials sector on TSX compared to Richards Packaging Income Fund
What does Richards Packaging Income Fund do?
Richards Packaging Income Fund, together with its subsidiaries, manufactures and distributes packaging and related products in Canada and the United States. It offers plastic, glass, and metal containers and closures. The company also offers design and development, and logistics management services. It serves food and beverage, healthcare, cosmetics, industrial, and pharmaceutical sectors. Richards Packaging Income Fund was founded in 1912 and is based in Mississauga, Canada.
Companies with profit margin similar to Richards Packaging Income Fund
- Global Vectra Helicorp has Profit margin of 0.46%
- Birla Cable has Profit margin of 0.46%
- Modern Dairies has Profit margin of 0.46%
- Vietnam Industrial Investments has Profit margin of 0.46%
- Telesites SAB de CV has Profit margin of 0.46%
- Amcon Distributing has Profit margin of 0.46%
- Richards Packaging Income Fund has Profit margin of 0.46%
- Liberty Shoes has Profit margin of 0.46%
- MAN SE has Profit margin of 0.47%
- Manpower has Profit margin of 0.47%
- Park-Ohio has Profit margin of 0.47%
- SANVO Fine Chemicals has Profit margin of 0.47%
- Jost's Engineering has Profit margin of 0.47%