this post was submitted on 11 Aug 2023
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[โ€“] NENathaniel@lemmy.ca 1 points 1 year ago (1 children)

13% profit is pretty small tho compared to a lot of other industries tho no?

[โ€“] cheery_coffee@lemmy.ca 1 points 1 year ago (1 children)

Thatโ€™s a pretty decent profit margin. Many businesses take in a lot less.

[โ€“] NENathaniel@lemmy.ca 1 points 1 year ago

Any examples? Only things that come to mind are ones that are known for having slim profit margins, e.g. Airlines, grocery stores, etc