1
The CRDA stock price: Following its peak during the pandemic, the stock price has been consistently decreasing. Know the reason below
2
Croda International Plc is keeping a good chunk of profit and is distributing to its shareholders
3
The bulls have reclaimed their position through the immediate support level
Croda International Plc (LON: CRDA) is a listed company on the London Stock Exchange. It specializes in producing and distributing high-quality chemicals. Their business is organized into segments like Consumer Care, Life Sciences, and Industrial Specialties.
Financial snapshot of Croda
In 2022, the firm reported a revenue of £2.1 Billion, which was around 10.5% more than the previous year. After the cost of goods sold, the firm kept a gross profit of £864 Million, with a margin of 41%. Later down the line, the firm kept a net profit of £649 Million which is 31% of the total revenue.
With a large chunk of net profit, major pr
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