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.
Roc Oil Gross Profit Assessment
According to company disclosure Roc Oil Company Limited reported 106 M of gross profit. This is 99.37% lower than that of Basic Materials sector, and 97.19% lower than that of Independent Oil and Gas industry, The Gross Profit for all stocks is 98.43% 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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