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INET Freehold and Leasehold REIT (BKK:INETREIT) Gross Profit : ฿355.2 Mil (TTM As of Mar. 2024)


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What is INET Freehold and Leasehold REIT Gross Profit?

INET Freehold and Leasehold REIT's gross profit for the three months ended in Mar. 2024 was ฿77.5 Mil. INET Freehold and Leasehold REIT's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿355.2 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. INET Freehold and Leasehold REIT's gross profit for the three months ended in Mar. 2024 was ฿77.5 Mil. INET Freehold and Leasehold REIT's Revenue for the three months ended in Mar. 2024 was ฿104.8 Mil. Therefore, INET Freehold and Leasehold REIT's Gross Margin % for the quarter that ended in Mar. 2024 was 74.00%.

INET Freehold and Leasehold REIT had a gross margin of 74.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 3 years, the highest Gross Margin % of INET Freehold and Leasehold REIT was 92.56%. The lowest was 87.61%. And the median was 92.52%.


INET Freehold and Leasehold REIT Gross Profit Historical Data

The historical data trend for INET Freehold and 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.

INET Freehold and Leasehold REIT Gross Profit Chart

INET Freehold and Leasehold REIT Annual Data
Trend Dec21 Dec22 Dec23
Gross Profit
151.60 367.55 368.38

INET Freehold and Leasehold REIT Quarterly Data
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 90.77 91.75 92.90 92.96 77.54

Competitive Comparison of INET Freehold and Leasehold REIT's Gross Profit

For the REIT - Specialty subindustry, INET Freehold and 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.


INET Freehold and Leasehold REIT's Gross Profit Distribution in the REITs Industry

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

* The bar in red indicates where INET Freehold and Leasehold REIT's Gross Profit falls into.



INET Freehold and Leasehold REIT Gross Profit Calculation

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

INET Freehold and 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
=398.833 - 30.451
=368.4

INET Freehold and 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
=104.777 - 27.238
=77.5

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 ฿355.2 Mil.

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

INET Freehold and 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
=77.5 / 104.777
=74.00 %

* 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.


INET Freehold and Leasehold REIT  (BKK:INETREIT) 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

INET Freehold and Leasehold REIT had a gross margin of 74.00% for the quarter that ended in Mar. 2024 => Durable competitive advantage


INET Freehold and Leasehold REIT Gross Profit Related Terms

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INET Freehold and Leasehold REIT (BKK:INETREIT) Business Description

Traded in Other Exchanges
N/A
Address
New Petchaburi Road, 1768 Thai Summit Tower, 24th Floor, Khwaeng Bang Kapi, Khet Huay Khwang, Bangkok, THA, 10310
INET Leasehold REIT invests in ownership of data center buildings, substation control towers, and buildings and equipment related to project operations. The Trust only operates in one business segment which is the investment in data center real estate in Thailand.

INET Freehold and Leasehold REIT (BKK:INETREIT) Headlines

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