What are the profit margins of running a food business in 2021

About 30%.

In 2021, the food industry's revenue was 9.14 trillion yuan; an increase of 11.48% year-on-year. Profit totaled 618.7 billion yuan; a year-on-year decline of 0.31%. Losses of industry loss-making enterprises amounted to 57.8 billion yuan, an increase of 40.97% over the previous year.

Cost margin = total profit ÷ cost of sales × 100%, sales margin = total profit ÷ sales revenue × 100%.

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