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United Gulf Investment BSC (BAH:UGIC) Gross Profit : BHD0.48 Mil (TTM As of Mar. 2024)


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What is United Gulf Investment BSC Gross Profit?

United Gulf Investment BSC's gross profit for the three months ended in Mar. 2024 was BHD2.30 Mil. United Gulf Investment BSC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was BHD0.48 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. United Gulf Investment BSC's gross profit for the three months ended in Mar. 2024 was BHD2.30 Mil. United Gulf Investment BSC's Revenue for the three months ended in Mar. 2024 was BHD10.87 Mil. Therefore, United Gulf Investment BSC's Gross Margin % for the quarter that ended in Mar. 2024 was 21.12%.

United Gulf Investment BSC had a gross margin of 21.12% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of United Gulf Investment BSC was 11.66%. The lowest was -21.74%. And the median was 3.74%.


United Gulf Investment BSC Gross Profit Historical Data

The historical data trend for United Gulf Investment BSC'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.

United Gulf Investment BSC Gross Profit Chart

United Gulf Investment BSC 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 -4.17 1.20 6.50 5.46 0.57

United Gulf Investment BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.38 1.42 0.32 -3.55 2.30

Competitive Comparison of United Gulf Investment BSC's Gross Profit

For the Asset Management subindustry, United Gulf Investment BSC'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.


United Gulf Investment BSC's Gross Profit Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, United Gulf Investment BSC's Gross Profit distribution charts can be found below:

* The bar in red indicates where United Gulf Investment BSC's Gross Profit falls into.



United Gulf Investment BSC Gross Profit Calculation

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

United Gulf Investment BSC'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
=36.955 - 36.385
=0.57

United Gulf Investment BSC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=10.868 - 8.573
=2.30

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BHD0.48 Mil.

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

United Gulf Investment BSC's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.30 / 10.868
=21.12 %

* 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.


United Gulf Investment BSC  (BAH:UGIC) 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

United Gulf Investment BSC had a gross margin of 21.12% for the quarter that ended in Mar. 2024 => Competition eroding margins


United Gulf Investment BSC Gross Profit Related Terms

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United Gulf Investment BSC (BAH:UGIC) Business Description

Traded in Other Exchanges
N/A
Address
Road 2832, Block 428, P.O. Box 10177, Almoayyed Tower, Office 3202, Building 2504, Al-Seef District, Manama, BHR
United Gulf Investment Corp BSC is engaged in property leasing, buying, and selling of properties for the company, third-grade industrial maintenance works, and investment in local industrial projects. The company's investment objective includes developing and promoting industrial, chemical, and energy-related projects, in the Gulf region, identifying and investing in direct investment opportunities and investing in listed stocks and other financial instruments. Its operating segment includes Smelting and Investment activities. The company generates maximum revenue from the Smelting segment. the company has two geographical segments; the Kingdom of Bahrain and the Kingdom of Saudi Arabia.