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Presco Cost to Income Ratio Worsens for the Fourth Consecutive Year

Presco’s cost to income ratio worsens for the fourth consecutive year since 2016 Q1, the agricultural company in Q1 2020 recorded its highest cost to income ratio of 64.01 percent in 5 years. Presco since 2016 Q1 has recorded a 460.79 percent growth in operating expenses. Presco’s operating expenses comprise of selling, general, administrative and…

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