Gross and net profit margins of Topchoice Medical 2016-2023
In 2023, Topchoice Medical Co., Inc. had a net profit margin of around 20 percent, representing a further drop from the previous year. The decline in profit margins is mainly attributed to the new centralized procurement regime for dental implants in China's medical service. Topchoice Medical is one of the leading Chinese dental treatment providers and the first publicly listed company in the sector in the country.