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Words: | Submitted: Mon Jun 19 2006
... company's performance is not doing well as they have reduced in profit from the investments that the shareholders have made to the company. The company's gross profit as at 31st December 2002 was showing a figure of 32.9% which had decreased from last years gross profit by 2.2% as in 2001 the gross profit was the highest showing a percentage of 35.1%, although in 2000 the gross profit was at 34% which shows not much difference from 2001. The company's net profit as at 31st December 2002 had fallen down as it shows a net profit of 33.2%. It has fallen down by 6% since 2001, which had the highest percentage figure for the net profit, which was 39.2%. The year 2000 the net profit was very low showing a net profit of 30%. Cullomptons performance as at 31st December 2002 shows that the company has decreased in their net profit and ...
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