$Gorman-Rupp (GRC.US)$Revenue declined in 2019 and 2020 over...

$Gorman-Rupp (GRC.US)$Revenue declined in 2019 and 2020 over the past 5 years. The remaining 3 years grew at an average rate of 6.6% for 5 years, and operating profit declined overall. It only recovered to 40 million in 2022. Net profit was affected by interest expenses and non-operating expenses, falling sharply by 62%. The balance sheet showed that the company increased its long-term debt by 420 million dollars, which was converted into goodwill. It should have been a large-scale acquisition. The impact of interest was long-term.