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Dubai Refreshments PSC (DFM:DRC) Gross Profit : د.إ282.4 Mil (TTM As of Mar. 2024)


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What is Dubai Refreshments PSC Gross Profit?

Dubai Refreshments PSC's gross profit for the three months ended in Mar. 2024 was د.إ57.1 Mil. Dubai Refreshments PSC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was د.إ282.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Dubai Refreshments PSC's gross profit for the three months ended in Mar. 2024 was د.إ57.1 Mil. Dubai Refreshments PSC's Revenue for the three months ended in Mar. 2024 was د.إ167.4 Mil. Therefore, Dubai Refreshments PSC's Gross Margin % for the quarter that ended in Mar. 2024 was 34.10%.

Dubai Refreshments PSC had a gross margin of 34.10% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Dubai Refreshments PSC was 37.37%. The lowest was 32.19%. And the median was 35.76%.


Dubai Refreshments PSC Gross Profit Historical Data

The historical data trend for Dubai Refreshments PSC'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.

Dubai Refreshments PSC Gross Profit Chart

Dubai Refreshments PSC 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 223.90 197.76 247.55 260.23 284.86

Dubai Refreshments PSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 59.55 77.53 79.01 68.77 57.10

Competitive Comparison of Dubai Refreshments PSC's Gross Profit

For the Beverages - Non-Alcoholic subindustry, Dubai Refreshments PSC'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.


Dubai Refreshments PSC's Gross Profit Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Dubai Refreshments PSC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Dubai Refreshments PSC's Gross Profit falls into.



Dubai Refreshments PSC Gross Profit Calculation

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

Dubai Refreshments PSC'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
=803.068 - 518.205
=284.9

Dubai Refreshments PSC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=167.448 - 110.352
=57.1

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was د.إ282.4 Mil.

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

Dubai Refreshments PSC's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=57.1 / 167.448
=34.10 %

* 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.


Dubai Refreshments PSC  (DFM:DRC) 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

Dubai Refreshments PSC had a gross margin of 34.10% for the quarter that ended in Mar. 2024 => Competition eroding margins


Dubai Refreshments PSC Gross Profit Related Terms

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Dubai Refreshments PSC (DFM:DRC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE
Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

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