GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » The Platinum Group PCL (BKK:PLAT) » Definitions » Gross Profit

The Platinum Group PCL (BKK:PLAT) Gross Profit : ฿1,035 Mil (TTM As of Jun. 2024)


View and export this data going back to 2015. Start your Free Trial

What is The Platinum Group PCL Gross Profit?

The Platinum Group PCL's gross profit for the three months ended in Jun. 2024 was ฿278 Mil. The Platinum Group PCL's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was ฿1,035 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. The Platinum Group PCL's gross profit for the three months ended in Jun. 2024 was ฿278 Mil. The Platinum Group PCL's Revenue for the three months ended in Jun. 2024 was ฿594 Mil. Therefore, The Platinum Group PCL's Gross Margin % for the quarter that ended in Jun. 2024 was 46.80%.

The Platinum Group PCL had a gross margin of 46.80% for the quarter that ended in Jun. 2024 => Durable competitive advantage

During the past 10 years, the highest Gross Margin % of The Platinum Group PCL was 64.26%. The lowest was -36.12%. And the median was 55.49%.


The Platinum Group PCL Gross Profit Historical Data

The historical data trend for The Platinum Group PCL's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

The Platinum Group PCL Gross Profit Chart

The Platinum Group PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,186.87 114.64 -145.40 176.29 790.79

The Platinum Group PCL Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 182.69 239.15 237.81 280.40 277.92

Competitive Comparison of The Platinum Group PCL's Gross Profit

For the Real Estate Services subindustry, The Platinum Group PCL's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Platinum Group PCL's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, The Platinum Group PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where The Platinum Group PCL's Gross Profit falls into.



The Platinum Group PCL Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

The Platinum Group PCL's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1816.458 - 1025.669
=791

The Platinum Group PCL's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=593.906 - 315.986
=278

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,035 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

The Platinum Group PCL's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=278 / 593.906
=46.80 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


The Platinum Group PCL  (BKK:PLAT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

The Platinum Group PCL had a gross margin of 46.80% for the quarter that ended in Jun. 2024 => Durable competitive advantage


The Platinum Group PCL Gross Profit Related Terms

Thank you for viewing the detailed overview of The Platinum Group PCL's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


The Platinum Group PCL Business Description

Traded in Other Exchanges
N/A
Address
Phetchaburi Road, 222/1398, 11th Floor, The Platinum Fashion Mall Building, Ratchathewi District, Petchaburi Road Sub-District, Bangkok, THA, 10400
The Platinum Group PCL is engaged in the provision of property rental, hotel, and food center operations in the country of Thailand. Its projects include the Platinum Fashion Mall, War Samui, Holiday Inn Express Samui Hotel, Novotel Bangkok Platinum, and the Platinum Food Center, and others. The company and its subsidiaries are organized into business units based on its products and services and have three reportable segments which are Development and rental of retail space in shopping centers and related services; Hotel operations; and Food and beverages centers. The vast majority of its revenue is generated from its retail space development and rental segment.

The Platinum Group PCL Headlines