$TechnipFMC (FTI.US)$In the past 5 years, the revenue has ex...
$TechnipFMC (FTI.US)$In the past 5 years, the revenue has experienced two significant declines in 2018 and 2021, and the operating profit curve is similar. In the past 5 years, it has dropped from 1.26 billion to 0.1 billion. The net income has suffered significant losses for 3 years from 2018 to 2020, with only minimal profit in 2017 and 2021.
In the first three quarters of 2022, the revenue increased by 2.6%, and the operating profit increased by 75% to reach 0.18 billion. However, the net income incurred a loss of 0.07 billion due to high interest expenses and income tax.
In the short term, it does not seem to have much investment value.
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