Net income is the profit of a company for the reporting period which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most watched numbers by money managers as well as individual investors.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin which measures income as a percentage of sales.
Iron Net Income Assessment
Based on recorded statements Iron Ore Holdings Limited reported net income of 25.68 M. This is 98.23% lower than that of Basic Materials sector, and 93.54% lower than that of Industrial Metals and Minerals industry, The Net Income for all stocks is 93.98% higher than the company.
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Iron is currently under evaluation in net income category among related companies.
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