Handie Sam's comment on SORENTO. All Comments

Handie Sam
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Sorento plans to open about 500 outlets each year for the next three years. If each outlet does around RM20,000 in sales annually, that’s roughly RM1,600 a month!
Divine
means that it would contribute 10mil profit to the company annually
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Bisaam Jebat
RM10 million 'revenue' is more accurate, dude
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Divine
ohhh, I thought he say profit 20k, my bad, is sales, then it would mean that it would contribute 1 mil profit then is calculate based on profit margin of 10%.
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Handie Sam
Estimating earnings is a bit tricky since it also includes other costs, taxes, and various expenses
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