Traditional Culture Encyclopedia - Hotel accommodation - What does 60% gross profit of hotel industry mean?

What does 60% gross profit of hotel industry mean?

What does 60% gross profit of hotel industry mean? Refers to the income from operating income.

According to today's headline query, 60% gross profit includes 40% cost of 100% operating income, and 60% is gross profit. All expenses such as employee salary, national tax, rent, water and electricity, equipment maintenance, etc. are deducted from gross profit.

The balance of commodity sales income of commercial enterprises after deducting the original purchase price of commodities. The symmetry of net profit is also called the difference between the purchase and sale of goods. Because there is no deduction of commodity circulation fees and taxes, it is not net profit, so it is called gross profit.