As you can see in the variance column, there's a gross profit variance of -$40,000 and a gross profit margin
variance of -5.
7 per cent to R 2,08bn, with the consolidated gross profit margin
increasing from 45,4per cent to 46,3 per cent due to strong improvements at I&J, Spitz and Indigo.
Ability aims to achieve 10% in gross profit margin
and Altek is expected to see gross profit margin
stay at 15% this year.
5 percent in our ocean transportation gross profits in the first quarter of 2008 was driven by double-digit volume growth and price increases, offset partially by a decline in gross profit margins
Gross profit margin
was 72%, up from 58% in Q1 2007, and down from 91% in Q2 2006
9 percent in the third quarter of 2006 resulted from an increase in gross profit margins
, offset by a slight decrease in volume.
Figure 2 Gross Profit Margins
of Taiwan's Four Largest Notebook PC ODM Providers, 2001 - 3Q 2005
we expect this acquisition to enable us to enhance our profitability through improved gross profit margins
and synergistic benefits," said McCann.
The improvement in gross profit margins
and overall operating results in the quarter stemmed mainly from lower unit costs and a more profitable mix of domestic and international sales, as well as lower operating expenses; domestic sales prices per unit are higher than those for international sales.
The higher earnings forecasts mainly reflect the increase in the sales forecast and an improvement in the gross profit margin
The revised earnings estimate is due to a decline in retail gross profit margins
, primarily reflecting inadequate execution in pricing across the Company's retail operations; depressed wholesale gross profit margins
principally relating to manufacturer promotional spending; and higher than expected acquisition integration costs.
Thompson, the Company's CFO, stated, "The third quarter saw a substantial increase in sales, however our gross profit margins
were lower than last year.