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.
Lorraine Net Income Assessment
Based on recorded statements Lorraine Copper Corp reported net loss of -247000.0. This is 100.02% lower than that of Basic Materials sector, and 100.14% lower than that of Industrial Metals and Minerals industry, The Net Income for all stocks is 100.05% higher than the company.
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Lorraine is currently under evaluation in net income category among related companies.
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