Amkor Technology Inc (AMKR)

Net profit margin

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Net income	US$ in thousands	359,813	765,823	642,995	338,138	120,888
Revenue	US$ in thousands	6,476,360	7,049,700	6,085,840	4,981,050	4,052,650
Net profit margin		5.56%	10.86%	10.57%	6.79%	2.98%

December 31, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $359,813K ÷ $6,476,360K
= 5.56%

The net profit margin of AMKOR Technology Inc. has fluctuated over the past five years, ranging from 2.98% in 2019 to 10.80% in 2022. In 2023, the net profit margin declined to 5.53%. This decrease may indicate a decrease in profitability relative to the prior year, which could be attributed to various factors such as changes in revenue, cost structure, or other operating expenses. It is important for investors and stakeholders to further analyze the underlying reasons for this decline to assess the company's overall financial health and performance.