GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » FAR Chemical Industry Ltd (DHA:FARCHEM) » Definitions » Gross Profit

FAR Chemical Industry (DHA:FARCHEM) Gross Profit : BDT-175.6 Mil (TTM As of Sep. 2023)


View and export this data going back to 2014. Start your Free Trial

What is FAR Chemical Industry Gross Profit?

FAR Chemical Industry's gross profit for the three months ended in Sep. 2023 was BDT31.4 Mil. FAR Chemical Industry's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was BDT-175.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. FAR Chemical Industry's gross profit for the three months ended in Sep. 2023 was BDT31.4 Mil. FAR Chemical Industry's Revenue for the three months ended in Sep. 2023 was BDT288.6 Mil. Therefore, FAR Chemical Industry's Gross Margin % for the quarter that ended in Sep. 2023 was 10.87%.

FAR Chemical Industry had a gross margin of 10.87% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 10 years, the highest Gross Margin % of FAR Chemical Industry was 24.30%. The lowest was -219.33%. And the median was 20.57%.


FAR Chemical Industry Gross Profit Historical Data

The historical data trend for FAR Chemical Industry'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.

FAR Chemical Industry Gross Profit Chart

FAR Chemical Industry Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 231.45 90.17 -18.05 -76.49 -207.02

FAR Chemical Industry Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - -26.18 -49.21 -131.63 31.39

Competitive Comparison of FAR Chemical Industry's Gross Profit

For the Specialty Chemicals subindustry, FAR Chemical Industry'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.


FAR Chemical Industry's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, FAR Chemical Industry's Gross Profit distribution charts can be found below:

* The bar in red indicates where FAR Chemical Industry's Gross Profit falls into.



FAR Chemical Industry Gross Profit Calculation

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

FAR Chemical Industry'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
=542.553 - 749.574
=-207.0

FAR Chemical Industry's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )=Revenue - Cost of Goods Sold
=288.626 - 257.241
=31.4

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT-175.6 Mil.

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

FAR Chemical Industry's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=31.4 / 288.626
=10.87 %

* 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.


FAR Chemical Industry  (DHA:FARCHEM) 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

FAR Chemical Industry had a gross margin of 10.87% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage


FAR Chemical Industry Gross Profit Related Terms

Thank you for viewing the detailed overview of FAR Chemical Industry's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


FAR Chemical Industry (DHA:FARCHEM) Business Description

Traded in Other Exchanges
N/A
Address
House No. 11 (Floor: 5A), Road No. 12, Block-F, Niketon, Gulshan-1, Dhaka, BGD, 1212
FAR Chemical Industry Ltd operates in the textile dyeing chemical industry. The principal activities of the company are to manufacture and export chemical products to different export-oriented textiles, dyeing, and apparel industries. Its product range consists of Softening agent, Scouring agent, Anti-foaming agent, Leveling agent, Fixing agent, Retarding agent, Stabilizer, Bleaching agent, and other chemical products.

FAR Chemical Industry (DHA:FARCHEM) Headlines

No Headlines