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Fujairah Building Industries PJSC (ADX:FBI) Gross Profit : د.إ64.5 Mil (TTM As of Dec. 2023)


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What is Fujairah Building Industries PJSC Gross Profit?

Fujairah Building Industries PJSC's gross profit for the six months ended in Dec. 2023 was د.إ64.5 Mil. Fujairah Building Industries PJSC's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ64.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Fujairah Building Industries PJSC's gross profit for the six months ended in Dec. 2023 was د.إ64.5 Mil. Fujairah Building Industries PJSC's Revenue for the six months ended in Dec. 2023 was د.إ179.4 Mil. Therefore, Fujairah Building Industries PJSC's Gross Margin % for the quarter that ended in Dec. 2023 was 35.95%.

Fujairah Building Industries PJSC had a gross margin of 35.95% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Fujairah Building Industries PJSC was 42.23%. The lowest was 32.19%. And the median was 37.45%.

Warning Sign:

Fujairah Building Industries PJSC gross margin has been in long-term decline. The average rate of decline per year is -2.9%.


Fujairah Building Industries PJSC Gross Profit Historical Data

The historical data trend for Fujairah Building Industries PJSC'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.

Fujairah Building Industries PJSC Gross Profit Chart

Fujairah Building Industries PJSC 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 92.29 79.23 67.98 60.89 64.48

Fujairah Building Industries PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 92.29 79.23 67.98 60.89 64.48

Competitive Comparison of Fujairah Building Industries PJSC's Gross Profit

For the Building Products & Equipment subindustry, Fujairah Building Industries PJSC'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.


Fujairah Building Industries PJSC's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fujairah Building Industries PJSC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Fujairah Building Industries PJSC's Gross Profit falls into.



Fujairah Building Industries PJSC Gross Profit Calculation

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

Fujairah Building Industries PJSC'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
=179.381 - 114.898
=64.5

Fujairah Building Industries PJSC's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=179.381 - 114.898
=64.5

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 was د.إ64.5 Mil.

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

Fujairah Building Industries PJSC'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
=64.5 / 179.381
=35.95 %

* 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.


Fujairah Building Industries PJSC  (ADX:FBI) 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

Fujairah Building Industries PJSC had a gross margin of 35.95% for the quarter that ended in Dec. 2023 => Competition eroding margins


Fujairah Building Industries PJSC Gross Profit Related Terms

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Fujairah Building Industries PJSC Business Description

Traded in Other Exchanges
N/A
Address
Al Hayl Industrial Area, P.O. Box 383, Fujairah, ARE
Fujairah Building Industries PJSC is engaged in the construction sector. The products of the company are Concrete products, Rockwool products, Quarry products, and Marbles and tiles. Geographically, the company derives maximum revenue from UAE.

Fujairah Building Industries PJSC Headlines

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