KARO Leather made a net profit of CZK -19.3 mil with revenues of CZK 317 mil in 2023, down by 32.4% and up by 66.0%, respectively, compared to the previous year.
This translates into a net margin of -6.09%. Historically, between 2018 and 2023, the firm’s net margin reached a high of 7.52% in 2019 and a low of -9.31% in 2020. The average net margin in the last five years amounted to -3.75%.
On the operating level, the EBITDA margin reached 11.2% and EBIT amounted to 2.96% of sales in 2023.
You can see all the company’s data at KARO Leather profile, or you can download a report on the company in the report section.