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Hemas Holdings (COL:HHL.N0000) Gross Profit : රු35,752 Mil (TTM As of Jun. 2024)


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What is Hemas Holdings Gross Profit?

Hemas Holdings's gross profit for the three months ended in Jun. 2024 was රු7,610 Mil. Hemas Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was රු35,752 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Hemas Holdings's gross profit for the three months ended in Jun. 2024 was රු7,610 Mil. Hemas Holdings's Revenue for the three months ended in Jun. 2024 was රු25,476 Mil. Therefore, Hemas Holdings's Gross Margin % for the quarter that ended in Jun. 2024 was 29.87%.

Hemas Holdings had a gross margin of 29.87% for the quarter that ended in Jun. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Hemas Holdings was 38.57%. The lowest was 27.72%. And the median was 32.71%.

Warning Sign:

Hemas Holdings PLC gross margin has been in long-term decline. The average rate of decline per year is -3.1%.


Hemas Holdings Gross Profit Historical Data

The historical data trend for Hemas Holdings'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.

Hemas Holdings Gross Profit Chart

Hemas Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19,147.68 19,416.71 21,849.66 31,792.86 35,997.23

Hemas Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 7,855.38 8,654.86 9,851.29 9,635.70 7,610.26

Competitive Comparison of Hemas Holdings's Gross Profit

For the Conglomerates subindustry, Hemas Holdings'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.


Hemas Holdings's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Hemas Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Hemas Holdings's Gross Profit falls into.



Hemas Holdings Gross Profit Calculation

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

Hemas Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=121613.772 - 85616.543
=35,997

Hemas Holdings's Gross Profit for the quarter that ended in Jun. 2024 is calculated as

Gross Profit (Q: Jun. 2024 )=Revenue - Cost of Goods Sold
=25476.163 - 17865.903
=7,610

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was රු35,752 Mil.

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

Hemas Holdings's Gross Margin % for the quarter that ended in Jun. 2024 is calculated as

Gross Margin % (Q: Jun. 2024 )=Gross Profit (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=7,610 / 25476.163
=29.87 %

* 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.


Hemas Holdings  (COL:HHL.N0000) 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

Hemas Holdings had a gross margin of 29.87% for the quarter that ended in Jun. 2024 => Competition eroding margins


Hemas Holdings Gross Profit Related Terms

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Hemas Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 75, Braybrooke Place, Hemas House, Colombo, LKA, 02
Hemas Holdings PLC holds investments in companies with diversified businesses in Sri Lanka. Its businesses include manufacturing, trading and distributing FMCG products, pharmaceutical products, healthcare products, provision of medical care, operating tourism business, hotel management, airlines, shipping business, IT solutions, among others. It has the following reportable segments: Consumer, Healthcare, Leisure, Travel & Aviation, Mobility, and Other segments. The healthcare segment which generates majority revenue distributes pharmaceuticals, surgical and diagnostics products, and owns and manages hospitals.

Hemas Holdings Headlines

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