Sentence Correction (SC) | Re: The results of the companys cost-cutting measures are

1.The pronoun ‘it’ has no locus standi here; we should say ‘they’ since the pronoun refers to the plural profits – A and B gone

2. The fall in profits is not a one-time affair that happened at a specific time two years ago. It has been falling for the past two years. Therefore, it might be right to use a present perfect or a present participle rather than a past perfect, since we do not have a bonafide simple past tense to intervene between the past perfect and the present tense of