PSP Specialties PCL (BKK:PSP) Gross Profit : ฿1,019 Mil (TTM As of Sep. 2023)

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What is PSP Specialties PCL Gross Profit?

PSP Specialties PCL's gross profit for the three months ended in Sep. 2023 was ฿377 Mil. PSP Specialties PCL's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was ฿1,019 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PSP Specialties PCL's gross profit for the three months ended in Sep. 2023 was ฿377 Mil. PSP Specialties PCL's Revenue for the three months ended in Sep. 2023 was ฿3,146 Mil. Therefore, PSP Specialties PCL's Gross Margin % for the quarter that ended in Sep. 2023 was 11.98%.

PSP Specialties PCL had a gross margin of 11.98% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

During the past 6 years, the highest Gross Margin % of PSP Specialties PCL was 13.19%. The lowest was 11.16%. And the median was 11.97%.

PSP Specialties PCL Gross Profit Historical Data

The historical data trend for PSP Specialties 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.

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PSP Specialties PCL Gross Profit Chart

PSP Specialties PCL Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Gross Profit

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1,146.39

1,020.44

921.66

1,361.71

1,534.90

PSP Specialties PCL Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Gross Profit	Get a 7-Day Free Trial									369.13	292.14	-	350.12	377.04

Competitive Comparison of PSP Specialties PCL's Gross Profit

For the Specialty Chemicals subindustry, PSP Specialties 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.

PSP Specialties PCL's Gross Profit Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PSP Specialties PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where PSP Specialties PCL's Gross Profit falls into.

PSP Specialties PCL Gross Profit Calculation

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

PSP Specialties PCL's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )	=	Revenue	-	Cost of Goods Sold
	=	13204.387	-	11669.483
	=	1,535

PSP Specialties PCL's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	3146.175	-	2769.137
	=	377

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,019 Mil.

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

PSP Specialties PCL's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	377	/	3146.175
	=	11.98 %

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.

PSP Specialties PCL (BKK:PSP) 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

PSP Specialties PCL had a gross margin of 11.98% for the quarter that ended in Sep. 2023 => No sustainable competitive advantage

PSP Specialties PCL Gross Profit Related Terms

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PSP Specialties PCL (BKK:PSP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PSP Specialties PCL (BKK:PSP) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Boromrachachonanee Road, Arun-Amarin, Bangkoknoi, Bangkok, THA, 10700

Website

https://www.psp.co.th

PSP Specialties PCL is engaged in the manufacturing and sales of lubricants and greases, warehouse service, and hired transport. Its services start from raw material sourcing and product design to manufacturing, packaging, storage, and distribution. The company produces made-to-order products in a timely and efficient manner based on specific customer requirements. its main products include lubricant oil, grease, and specialty products such as rubber process oil and transformer oil. Additionally, the business operates in Myanmar through its subsidiary.