Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Gross Profit varies significantly from one sector to another and tells investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Renault Gross Profit Assessment
According to company disclosure Renault Soci reported 5.78 B of gross profit. This is 89.41% lower than that of Consumer Goods sector, and 98.83% lower than that of Auto Manufacturers - Major industry, The Gross Profit for all stocks is 14.14% higher than the company.
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Renault is rated third in gross profit category among related companies.
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