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.
Lorraine
Net Income
=
(Rev + Gain)
-
(Exp + Loss)
=
49.82 K
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.
Based on recorded statements Lorraine Copper Corp reported net income of 49.82 K. This is 100.0% lower than that of Basic Materials sector, and 99.99% lower than that of Industrial Metals and Minerals industry, The Net Income for all stocks is 99.99% higher than the company.
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Net Income Comparison
Lorraine is currently under evaluation in net income category among related companies.
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