Oman Flour Mills (MUS:OFMI) Gross Profit : ر.ع8.92 Mil (TTM As of Jun. 2019)

Oman Flour Mills Gross Profit Chart

Oman Flour Mills Annual Data
	Trend	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16
Gross Profit		Get a 7-Day Free Trial					12.02	11.76	14.22	16.35	22.74

Oman Flour Mills Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Sep18	Mar19	Jun19
Gross Profit	Get a 7-Day Free Trial															6.30	6.01	-	4.85	4.08

Competitive Comparison of Oman Flour Mills's Gross Profit

For the Packaged Foods subindustry, Oman Flour Mills'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.

Oman Flour Mills's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oman Flour Mills's Gross Profit distribution charts can be found below:

* The bar in red indicates where Oman Flour Mills's Gross Profit falls into.

Oman Flour Mills Gross Profit Calculation

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

Oman Flour Mills's Gross Profit for the fiscal year that ended in Jun. 2016 is calculated as

Oman Flour Mills's Gross Profit for the quarter that ended in Jun. 2019 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was ر.ع8.92 Mil.

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

Oman Flour Mills's Gross Margin % for the quarter that ended in Jun. 2019 is calculated as

* 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.

Oman Flour Mills  (MUS:OFMI) 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

Oman Flour Mills had a gross margin of 17.18% for the quarter that ended in Jun. 2019 => No sustainable competitive advantage

Oman Flour Mills Gross Profit Related Terms

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Oman Flour Mills (MUS:OFMI) Business Description