Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
John
Gross Profit
=
Revenue
-
Cost of Revenue
=
13.03 M
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
According to company disclosure John Hancock Income Securities Trust reported 13.03 M of gross profit. This is 99.54% lower than that of Financial sector, and 55.0% lower than that of Closed-End Fund - Debt industry, The Gross Profit for all stocks is 99.75% higher than the company.
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NYSE John Hancock Income Securities Trust
-0.16%
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