Petroleum Coke is a Valued Global Commodity â Not a Waste Product. Over the years, the global commercial market for petcoke trading has evolved, connecting producers with ultimate end users. The industry has a history of safely storing, handling and transporting petcoke by ocean freight, barges, rail and truck.
The term gross refers to the total amount made as a result of some activity. It can refer to things such as total profit or total sales. Net (or Nett) refers to the amount left over after all deductions are made. Once the net value is attained, nothing further is subtracted.
Gross Margin is a calculation of revenue less cost of goods sold, and is used to determine how well sales cover direct variable costs relating to the production of goods. Net income/sales, or profit margin, is calculated by investors to determine how efficiently a company turns revenues into profits.