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Ajial Real Estate & Entertainment Co (KUW:AREEC) Pretax Margin % : 98.42% (As of Mar. 2024)


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What is Ajial Real Estate & Entertainment Co Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Ajial Real Estate & Entertainment Co's Pre-Tax Income for the three months ended in Mar. 2024 was KWD1.87 Mil. Ajial Real Estate & Entertainment Co's Revenue for the three months ended in Mar. 2024 was KWD1.90 Mil. Therefore, Ajial Real Estate & Entertainment Co's pretax margin for the quarter that ended in Mar. 2024 was 98.42%.

The historical rank and industry rank for Ajial Real Estate & Entertainment Co's Pretax Margin % or its related term are showing as below:

KUW:AREEC' s Pretax Margin % Range Over the Past 10 Years
Min: 26.8   Med: 116.47   Max: 328.21
Current: 75.96


KUW:AREEC's Pretax Margin % is ranked better than
91.22% of 1776 companies
in the Real Estate industry
Industry Median: 8.695 vs KUW:AREEC: 75.96

Ajial Real Estate & Entertainment Co Pretax Margin % Historical Data

The historical data trend for Ajial Real Estate & Entertainment Co's Pretax Margin % 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.

Ajial Real Estate & Entertainment Co Pretax Margin % Chart

Ajial Real Estate & Entertainment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 123.09 164.07 328.21 186.79 72.12

Ajial Real Estate & Entertainment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 95.38 80.87 73.39 50.97 98.42

Competitive Comparison of Ajial Real Estate & Entertainment Co's Pretax Margin %

For the Real Estate Services subindustry, Ajial Real Estate & Entertainment Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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.


Ajial Real Estate & Entertainment Co's Pretax Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ajial Real Estate & Entertainment Co's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Ajial Real Estate & Entertainment Co's Pretax Margin % falls into.



Ajial Real Estate & Entertainment Co Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Ajial Real Estate & Entertainment Co's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=4.689/6.502
=72.12 %

Ajial Real Estate & Entertainment Co's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=1.868/1.898
=98.42 %

* 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.


Ajial Real Estate & Entertainment Co  (KUW:AREEC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Ajial Real Estate & Entertainment Co Pretax Margin % Related Terms

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Ajial Real Estate & Entertainment Co (KUW:AREEC) Business Description

Traded in Other Exchanges
N/A
Address
Al Hamra Tower, 26th Floor, Office No. 2, P.O. Box 22448, Safat, Kuwait City, KWT, 13085
Ajial Real Estate & Entertainment Co is a real estate company. Its activities include buying and selling lands, renting and selling of real estate domestically and outside Kuwait, establishing and maintaining residential complexes, the building of commercial markets and entertainment centres, touristic facilities and special accommodations, provide contracting services and trading of building materials. The company's segments include Real estate investing activities that invests and trades in real estate and construction or development of real estate for the sale; and Equities and other investing activities that invest in financial and real estate funds and manages the group's liquidity requirements.

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