$Ecolab (ECL.US)$After reaching a high point in 2019, revenu...
$Ecolab(ECL.US$After reaching a high point in 2019, revenue fell sharply by 21% in 2020 and rebounded slightly by 8% in 2021. Operating profit also fell sharply by 29% in 2020 and rebounded slightly by 8% in 2021. Net profit lost a sharp loss of 1.19 billion dollars in 2020 and recovered to profit of 1.14 billion yuan in 2021. Losses in 2020 were caused by losses of 2.2 billion dollars in cessation of operations.
The current price-earnings ratio is 37.3, which is not supported by growth data.
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