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TNMM
Contract Research & Development services of smoking devices and smoking product — FY 2023-25 (DJ-04)
A TNMM benchmarking study covering Eastern Europe, MENA, Türkiye and 1 more for FY 2023-25, based on 21 accepted comparables. Benchmark run Aug 2026.
| Jurisdiction | Eastern Europe, MENA, Türkiye, United Arab Emirates |
|---|---|
| Method | TNMM |
| Financial Year | FY 2023-25 |
| Industry | 72 - Scientific research and development |
| Profit level indicator | Net cost plus (NCP) / Operating margin (OM) |
| Net cost plus (NCP) | 11.33% |
| Operating margin (OM) | 10.18% |
| Accepted comparables | 21 |
| Benchmark date | Aug 2026 |
| Report code | DJ-04 |
| Last updated | September 2026 |