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Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Gross Profit : BDT13,044 Mil (TTM As of Dec. 2023)


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What is Bangladesh Steel Re-Rolling Mills Gross Profit?

Bangladesh Steel Re-Rolling Mills's gross profit for the three months ended in Dec. 2023 was BDT3,071 Mil. Bangladesh Steel Re-Rolling Mills's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was BDT13,044 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Bangladesh Steel Re-Rolling Mills's gross profit for the three months ended in Dec. 2023 was BDT3,071 Mil. Bangladesh Steel Re-Rolling Mills's Revenue for the three months ended in Dec. 2023 was BDT19,614 Mil. Therefore, Bangladesh Steel Re-Rolling Mills's Gross Margin % for the quarter that ended in Dec. 2023 was 15.66%.

Bangladesh Steel Re-Rolling Mills had a gross margin of 15.66% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of Bangladesh Steel Re-Rolling Mills was 53.77%. The lowest was -3.79%. And the median was 9.43%.


Bangladesh Steel Re-Rolling Mills Gross Profit Historical Data

The historical data trend for Bangladesh Steel Re-Rolling Mills'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.

Bangladesh Steel Re-Rolling Mills Gross Profit Chart

Bangladesh Steel Re-Rolling Mills Annual Data
Trend Dec14 Dec15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,797.93 5,966.88 31,901.89 6,490.24 10,320.41

Bangladesh Steel Re-Rolling Mills Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,353.08 3,772.32 4,157.68 2,043.10 3,070.70

Competitive Comparison of Bangladesh Steel Re-Rolling Mills's Gross Profit

For the Steel subindustry, Bangladesh Steel Re-Rolling 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.


Bangladesh Steel Re-Rolling Mills's Gross Profit Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bangladesh Steel Re-Rolling Mills's Gross Profit distribution charts can be found below:

* The bar in red indicates where Bangladesh Steel Re-Rolling Mills's Gross Profit falls into.



Bangladesh Steel Re-Rolling Mills Gross Profit Calculation

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

Bangladesh Steel Re-Rolling Mills's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=115061.642 - 104741.229
=10,320

Bangladesh Steel Re-Rolling Mills's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=19613.506 - 16542.804
=3,071

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT13,044 Mil.

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

Bangladesh Steel Re-Rolling Mills's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=3,071 / 19613.506
=15.66 %

* 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.


Bangladesh Steel Re-Rolling Mills  (DHA:BSRMLTD) 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

Bangladesh Steel Re-Rolling Mills had a gross margin of 15.66% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Bangladesh Steel Re-Rolling Mills Gross Profit Related Terms

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Bangladesh Steel Re-Rolling Mills (DHA:BSRMLTD) Business Description

Traded in Other Exchanges
N/A
Address
1207/1099 Sadarghat Road, Ali Mansion, Chattogram, BGD, 4000
Bangladesh Steel Re-Rolling Mills Ltd is a Bangladesh-based steel manufacturing company. The company also deals in the sale of M.S. products like angle, channel, I Beam, H Beam, MS plate, and others. Its steel products are used inside Buildings, Bridges, and National Infrastructures. The company's products consists of XTREME 500W, XTREME 500W-STIRRUP, XTREME 500W-BEND CUT, MS SQUARE BAR, M.S ANGEL-MANUFACTURED, RIBBED WIRE ROD. The company generates the majority of its revenue from XTREME 500W sales.

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