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Vassilico Cement Works PCL (CYS:VCW) Gross Profit : €41.5 Mil (TTM As of Dec. 2023)


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What is Vassilico Cement Works PCL Gross Profit?

Vassilico Cement Works PCL's gross profit for the six months ended in Dec. 2023 was €21.1 Mil. Vassilico Cement Works PCL's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was €41.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vassilico Cement Works PCL's gross profit for the six months ended in Dec. 2023 was €21.1 Mil. Vassilico Cement Works PCL's Revenue for the six months ended in Dec. 2023 was €79.4 Mil. Therefore, Vassilico Cement Works PCL's Gross Margin % for the quarter that ended in Dec. 2023 was 26.62%.

Vassilico Cement Works PCL had a gross margin of 26.62% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Vassilico Cement Works PCL was 35.35%. The lowest was 16.32%. And the median was 27.41%.

Warning Sign:

Vassilico Cement Works PCL gross margin has been in long-term decline. The average rate of decline per year is -6.1%.


Vassilico Cement Works PCL Gross Profit Historical Data

The historical data trend for Vassilico Cement Works 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.

Vassilico Cement Works PCL Gross Profit Chart

Vassilico Cement Works PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.89 28.47 27.64 23.28 41.49

Vassilico Cement Works PCL Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.41 10.02 13.26 20.35 21.14

Competitive Comparison of Vassilico Cement Works PCL's Gross Profit

For the Building Materials subindustry, Vassilico Cement Works 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.


Vassilico Cement Works PCL's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vassilico Cement Works PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vassilico Cement Works PCL's Gross Profit falls into.



Vassilico Cement Works PCL Gross Profit Calculation

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

Vassilico Cement Works 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
=160.532 - 119.045
=41.5

Vassilico Cement Works PCL's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=79.413 - 58.277
=21.1

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €41.5 Mil.

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

Vassilico Cement Works PCL's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=21.1 / 79.413
=26.62 %

* 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.


Vassilico Cement Works PCL  (CYS:VCW) 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

Vassilico Cement Works PCL had a gross margin of 26.62% for the quarter that ended in Dec. 2023 => Competition eroding margins


Vassilico Cement Works PCL Gross Profit Related Terms

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Vassilico Cement Works PCL (CYS:VCW) Business Description

Traded in Other Exchanges
N/A
Address
1A Kyriakos Matsis Avenue, 4th Floor, P.O. Box 22281, Nicosia, CYP, 1082
Vassilico Cement Works PCL is the company whose principal business activities are the production of clinker and cement, which are distributed in the local and international markets. It manages queries for the extraction of raw materials which are used exclusively for the production of cement. The company generates the majority of its revenue from cement products and from the domestic market.

Vassilico Cement Works PCL (CYS:VCW) Headlines

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