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Arabi Holding Group (KUW:AGHC) Gross Profit : KWD20.10 Mil (TTM As of Mar. 2024)


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What is Arabi Holding Group Gross Profit?

Arabi Holding Group's gross profit for the three months ended in Mar. 2024 was KWD3.78 Mil. Arabi Holding Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was KWD20.10 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Arabi Holding Group's gross profit for the three months ended in Mar. 2024 was KWD3.78 Mil. Arabi Holding Group's Revenue for the three months ended in Mar. 2024 was KWD16.34 Mil. Therefore, Arabi Holding Group's Gross Margin % for the quarter that ended in Mar. 2024 was 23.10%.

Arabi Holding Group had a gross margin of 23.10% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Arabi Holding Group was 32.60%. The lowest was 18.25%. And the median was 24.04%.


Arabi Holding Group Gross Profit Historical Data

The historical data trend for Arabi Holding Group'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.

Arabi Holding Group Gross Profit Chart

Arabi Holding Group Annual Data
Trend Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.06 20.43 12.80 21.10 20.76

Arabi Holding Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.43 4.92 4.46 6.94 3.78

Competitive Comparison of Arabi Holding Group's Gross Profit

For the Conglomerates subindustry, Arabi Holding Group'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.


Arabi Holding Group's Gross Profit Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Arabi Holding Group's Gross Profit distribution charts can be found below:

* The bar in red indicates where Arabi Holding Group's Gross Profit falls into.



Arabi Holding Group Gross Profit Calculation

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

Arabi Holding Group'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
=67.658 - 46.902
=20.76

Arabi Holding Group's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=16.339 - 12.564
=3.78

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD20.10 Mil.

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

Arabi Holding Group's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=3.78 / 16.339
=23.10 %

* 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.


Arabi Holding Group  (KUW:AGHC) 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

Arabi Holding Group had a gross margin of 23.10% for the quarter that ended in Mar. 2024 => Competition eroding margins


Arabi Holding Group Gross Profit Related Terms

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Arabi Holding Group (KUW:AGHC) Business Description

Traded in Other Exchanges
N/A
Address
Forth Ring Road, P.O. Box 4090, Plot 175/176C, Behind Ali Abdulwahab Furniture Showroom, Shuwaikh Industrial Area, Safat, Kuwait, KWT, 13041
Arabi Holding Group is an investment holding company. Its operating segment includes Oil and Gas, and Commercial. It generates maximum revenue from the Oil and Gas segment. Its group's revenue sources include services and maintenance, construction, manpower supply, sale of goods, and other sources. Geographically, it derives a majority of its revenue from Kuwait.