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BA Airport Leasehold REIT (BKK:BAREIT) Gross Profit : ฿1,098 Mil (TTM As of Mar. 2024)


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What is BA Airport Leasehold REIT Gross Profit?

BA Airport Leasehold REIT's gross profit for the three months ended in Mar. 2024 was ฿273 Mil. BA Airport Leasehold REIT's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,098 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. BA Airport Leasehold REIT's gross profit for the three months ended in Mar. 2024 was ฿273 Mil. BA Airport Leasehold REIT's Revenue for the three months ended in Mar. 2024 was ฿297 Mil. Therefore, BA Airport Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2024 was 91.96%.

BA Airport Leasehold REIT had a gross margin of 91.96% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 2 years, the highest Gross Margin % of BA Airport Leasehold REIT was 91.96%. The lowest was 91.95%. And the median was 91.95%.


BA Airport Leasehold REIT Gross Profit Historical Data

The historical data trend for BA Airport Leasehold REIT'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.

BA Airport Leasehold REIT Gross Profit Chart

BA Airport Leasehold REIT Annual Data
Trend Dec22 Dec23
Gross Profit
- 1,095.25

BA Airport Leasehold REIT Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial 270.05 272.68 276.17 276.35 272.73

Competitive Comparison of BA Airport Leasehold REIT's Gross Profit

For the REIT - Specialty subindustry, BA Airport Leasehold REIT'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.


BA Airport Leasehold REIT's Gross Profit Distribution in the REITs Industry

For the REITs industry and Real Estate sector, BA Airport Leasehold REIT's Gross Profit distribution charts can be found below:

* The bar in red indicates where BA Airport Leasehold REIT's Gross Profit falls into.



BA Airport Leasehold REIT Gross Profit Calculation

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

BA Airport Leasehold REIT'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
=1191.084 - 95.834
=1,095

BA Airport Leasehold REIT's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=296.559 - 23.829
=273

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 ฿1,098 Mil.

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

BA Airport Leasehold REIT'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
=273 / 296.559
=91.96 %

* 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.


BA Airport Leasehold REIT  (BKK:BAREIT) 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

BA Airport Leasehold REIT had a gross margin of 91.96% for the quarter that ended in Mar. 2024 => Durable competitive advantage


BA Airport Leasehold REIT Gross Profit Related Terms

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BA Airport Leasehold REIT (BKK:BAREIT) Business Description

Traded in Other Exchanges
N/A
Address
99 Moo 14, Vibhavadi-Rangsit Road, Chomphon Sub-district, Chatuchak District, Bangkok, THA
BA Airport Leasehold REIT invests in the leasehold rights over parts of land, buildings and component parts used for the operation of Samui Airport Project for a period of 25 years.

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