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Titas Gas Transmission & Distribution Co (DHA:TITASGAS) Gross Profit : BDT2,103 Mil (TTM As of Sep. 2024)


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What is Titas Gas Transmission & Distribution Co Gross Profit?

Titas Gas Transmission & Distribution Co's gross profit for the three months ended in Sep. 2024 was BDT-338 Mil. Titas Gas Transmission & Distribution Co's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was BDT2,103 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Titas Gas Transmission & Distribution Co's gross profit for the three months ended in Sep. 2024 was BDT-338 Mil. Titas Gas Transmission & Distribution Co's Revenue for the three months ended in Sep. 2024 was BDT82,676 Mil. Therefore, Titas Gas Transmission & Distribution Co's Gross Margin % for the quarter that ended in Sep. 2024 was -0.41%.

Titas Gas Transmission & Distribution Co had a gross margin of -0.41% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Titas Gas Transmission & Distribution Co was 14.26%. The lowest was 0.27%. And the median was 3.73%.

Warning Sign:

Titas Gas Transmission & Distribution Co Ltd gross margin has been in long-term decline. The average rate of decline per year is -23.5%.


Titas Gas Transmission & Distribution Co Gross Profit Historical Data

The historical data trend for Titas Gas Transmission & Distribution Co'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.

Titas Gas Transmission & Distribution Co Gross Profit Chart

Titas Gas Transmission & Distribution Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,194.15 6,781.19 7,105.35 1,583.56 3,274.65

Titas Gas Transmission & Distribution Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -2,028.06 875.69 -778.26 2,344.06 -338.20

Competitive Comparison of Titas Gas Transmission & Distribution Co's Gross Profit

For the Utilities - Regulated Gas subindustry, Titas Gas Transmission & Distribution Co'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.


Titas Gas Transmission & Distribution Co's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Titas Gas Transmission & Distribution Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Titas Gas Transmission & Distribution Co's Gross Profit falls into.



Titas Gas Transmission & Distribution Co Gross Profit Calculation

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

Titas Gas Transmission & Distribution Co's Gross Profit for the fiscal year that ended in Jun. 2024 is calculated as

Gross Profit (A: Jun. 2024 )=Revenue - Cost of Goods Sold
=356929.196 - 353654.548
=3,275

Titas Gas Transmission & Distribution Co's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=82676.139 - 83014.343
=-338

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT2,103 Mil.

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

Titas Gas Transmission & Distribution Co's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-338 / 82676.139
=-0.41 %

* 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.


Titas Gas Transmission & Distribution Co  (DHA:TITASGAS) 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

Titas Gas Transmission & Distribution Co had a gross margin of -0.41% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Titas Gas Transmission & Distribution Co Gross Profit Related Terms

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Titas Gas Transmission & Distribution Co Business Description

Traded in Other Exchanges
N/A
Address
105, Kazi Nazrul Islam Avenue, 2nd Floor, Titas Gas Bhaban, Kawran Bazar Commerial Area, Dhaka, BGD, 1215
Titas Gas Transmission & Distribution Co Ltd is principally engaged in the business of natural gas distribution. It operates through the segments that are distributed the same to the consumers in power, fertilizer, industrial, captive power, Feed Gas for CNG, Domestic Metered, Domestic Non-Domestic, and commercial. Geographically it operates through the region of Bangladesh. Majority of the firm's revenue is generated from Natural Gas Distribution.

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