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Year on year Shuoao International Holdings Ltd had net income fall 15.29% from a loss of 9.81m to a larger loss of 11.31m despite a 12.31% increase in revenues from 122.14m to 137.16m. An increase in the selling, general and administrative costs as a percentage of sales from 16.89% to 17.88% was a component in the falling net income despite rising revenues.
| Gross margin | 6.79% |
|---|---|
| Net profit margin | -9.31% |
| Operating margin | -9.19% |
| Return on assets | -3.07% |
|---|---|
| Return on equity | -3.13% |
| Return on investment | -3.52% |
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