AFC Agro Biotech (DHA:AFCAGRO) Gross Profit : BDT119.6 Mil (TTM As of Mar. 2023)

AFC Agro Biotech Gross Profit Chart

AFC Agro Biotech Annual Data
	Trend	Dec13	Dec14	Jun15	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22
Gross Profit		Get a 7-Day Free Trial				404.17	427.50	133.81	103.99	162.51

AFC Agro Biotech Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Gross Profit	Get a 7-Day Free Trial															28.44	23.79	51.40	21.58	22.81

Competitive Comparison of AFC Agro Biotech's Gross Profit

For the Drug Manufacturers - Specialty & Generic subindustry, AFC Agro Biotech'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.

AFC Agro Biotech's Gross Profit Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, AFC Agro Biotech's Gross Profit distribution charts can be found below:

* The bar in red indicates where AFC Agro Biotech's Gross Profit falls into.

AFC Agro Biotech Gross Profit Calculation

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

AFC Agro Biotech's Gross Profit for the fiscal year that ended in Jun. 2022 is calculated as

AFC Agro Biotech's Gross Profit for the quarter that ended in Mar. 2023 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT119.6 Mil.

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

AFC Agro Biotech's Gross Margin % for the quarter that ended in Mar. 2023 is calculated as

* 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.

AFC Agro Biotech  (DHA:AFCAGRO) 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

AFC Agro Biotech had a gross margin of 27.39% for the quarter that ended in Mar. 2023 => Competition eroding margins

AFC Agro Biotech Gross Profit Related Terms

Thank you for viewing the detailed overview of AFC Agro Biotech's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

AFC Agro Biotech (DHA:AFCAGRO) Business Description