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NR Instant Produce PCL (BKK:NRF) Gross Profit : ฿1,105 Mil (TTM As of Mar. 2024)


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What is NR Instant Produce PCL Gross Profit?

NR Instant Produce PCL's gross profit for the three months ended in Mar. 2024 was ฿295 Mil. NR Instant Produce PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿1,105 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. NR Instant Produce PCL's gross profit for the three months ended in Mar. 2024 was ฿295 Mil. NR Instant Produce PCL's Revenue for the three months ended in Mar. 2024 was ฿908 Mil. Therefore, NR Instant Produce PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 32.50%.

NR Instant Produce PCL had a gross margin of 32.50% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of NR Instant Produce PCL was 44.14%. The lowest was 29.44%. And the median was 32.93%.


NR Instant Produce PCL Gross Profit Historical Data

The historical data trend for NR Instant Produce PCL'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.

NR Instant Produce PCL Gross Profit Chart

NR Instant Produce PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 327.14 434.18 816.50 1,012.64 984.00

NR Instant Produce PCL Quarterly Data
Dec18 Jun19 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 174.34 221.64 275.61 312.42 295.16

Competitive Comparison of NR Instant Produce PCL's Gross Profit

For the Packaged Foods subindustry, NR Instant Produce PCL'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.


NR Instant Produce PCL's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NR Instant Produce PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where NR Instant Produce PCL's Gross Profit falls into.



NR Instant Produce PCL Gross Profit Calculation

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

NR Instant Produce PCL'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
=2919.896 - 1935.892
=984

NR Instant Produce PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=908.222 - 613.063
=295

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 ฿1,105 Mil.

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

NR Instant Produce PCL'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
=295 / 908.222
=32.50 %

* 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.


NR Instant Produce PCL  (BKK:NRF) 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

NR Instant Produce PCL had a gross margin of 32.50% for the quarter that ended in Mar. 2024 => Competition eroding margins


NR Instant Produce PCL Gross Profit Related Terms

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NR Instant Produce PCL (BKK:NRF) Business Description

Traded in Other Exchanges
N/A
Address
99/1 Moo 4, Kaerai, Kratumbaen, Samutsakorn, THA, 74110
NR Instant Produce PCL is a food manufacturer and distributor based in Thailand. It is principally engaged in the manufacture and distribution of seasoning and instant foods. The company manufactures and distributes Sauces, Seasoning mixes, Condiments, Ready to eat meals, Plant-based food, Fruit juices, Snacks and beverages. Geographically it has two segments Thailand and Overseas and derives key revenue from domestic sales.