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.
Roc Oil
Gross Profit
=
Revenue
-
Cost of Revenue
=
108 M
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.
According to company disclosure Roc Oil Company Limited reported 108 M of gross profit. This is 98.97% lower than that of Basic Materials sector, and 98.2% lower than that of Independent Oil and Gas industry, The Gross Profit for all stocks is 97.94% higher than the company.
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Roc Oil is currently under evaluation in gross profit category among related companies.
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