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National International Holding Co KSCC (KUW:NIH) Gross Profit : KWD0.79 Mil (TTM As of Mar. 2024)


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What is National International Holding Co KSCC Gross Profit?

National International Holding Co KSCC's gross profit for the three months ended in Mar. 2024 was KWD0.60 Mil. National International Holding Co KSCC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was KWD0.79 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. National International Holding Co KSCC's gross profit for the three months ended in Mar. 2024 was KWD0.60 Mil. National International Holding Co KSCC's Revenue for the three months ended in Mar. 2024 was KWD1.40 Mil. Therefore, National International Holding Co KSCC's Gross Margin % for the quarter that ended in Mar. 2024 was 43.11%.

National International Holding Co KSCC had a gross margin of 43.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of National International Holding Co KSCC was 53.34%. The lowest was 15.13%. And the median was 24.00%.

Warning Sign:

National International Holding Co KSCC gross margin has been in long-term decline. The average rate of decline per year is -14.3%.


National International Holding Co KSCC Gross Profit Historical Data

The historical data trend for National International Holding Co KSCC'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.

National International Holding Co KSCC Gross Profit Chart

National International Holding Co KSCC 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 1.81 0.55 0.83 0.92 0.94

National International Holding Co KSCC 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 0.75 0.26 0.79 -0.86 0.60

Competitive Comparison of National International Holding Co KSCC's Gross Profit

For the Asset Management subindustry, National International Holding Co KSCC'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.


National International Holding Co KSCC's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, National International Holding Co KSCC's Gross Profit distribution charts can be found below:

* The bar in red indicates where National International Holding Co KSCC's Gross Profit falls into.



National International Holding Co KSCC Gross Profit Calculation

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

National International Holding Co KSCC'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
=5.547 - 4.611
=0.94

National International Holding Co KSCC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1.401 - 0.797
=0.60

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 KWD0.79 Mil.

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

National International Holding Co KSCC'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
=0.60 / 1.401
=43.11 %

* 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.


National International Holding Co KSCC  (KUW:NIH) 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

National International Holding Co KSCC had a gross margin of 43.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage


National International Holding Co KSCC Gross Profit Related Terms

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National International Holding Co KSCC (KUW:NIH) Business Description

Traded in Other Exchanges
Address
Abdulaziz Al-Saqer Street, Floor 45, Al-Raya Tower 2, PO Box 25825, Safat, Kuwait City, KWT
National International Holding Co KSCC is an investment company that invests in private equity and financial instruments, regionally and globally. The company is engaged in various types of investment activities through a well-diversified investment portfolio spread over several investment sectors basically financial services, real estate, industrial, contracting, information technology, and leisure and tourism. The group has three reportable segments Financial investing activities; Real Estate investing activities and Industrial activities.

National International Holding Co KSCC (KUW:NIH) Headlines

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