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Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Gross Profit : KWD35.51 Mil (TTM As of Mar. 2024)


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What is Shamal Az-Zour Al-Oula Power And Water Co KSCP Gross Profit?

Shamal Az-Zour Al-Oula Power And Water Co KSCP's gross profit for the three months ended in Mar. 2024 was KWD8.41 Mil. Shamal Az-Zour Al-Oula Power And Water Co KSCP's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was KWD35.51 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Shamal Az-Zour Al-Oula Power And Water Co KSCP's gross profit for the three months ended in Mar. 2024 was KWD8.41 Mil. Shamal Az-Zour Al-Oula Power And Water Co KSCP's Revenue for the three months ended in Mar. 2024 was KWD12.79 Mil. Therefore, Shamal Az-Zour Al-Oula Power And Water Co KSCP's Gross Margin % for the quarter that ended in Mar. 2024 was 65.76%.

Shamal Az-Zour Al-Oula Power And Water Co KSCP had a gross margin of 65.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 8 years, the highest Gross Margin % of Shamal Az-Zour Al-Oula Power And Water Co KSCP was 72.17%. The lowest was 54.06%. And the median was 69.55%.

Warning Sign:

Shamal Az-Zour Al-Oula Power And Water Co KSCP gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


Shamal Az-Zour Al-Oula Power And Water Co KSCP Gross Profit Historical Data

The historical data trend for Shamal Az-Zour Al-Oula Power And Water Co KSCP'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.

Shamal Az-Zour Al-Oula Power And Water Co KSCP Gross Profit Chart

Shamal Az-Zour Al-Oula Power And Water Co KSCP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 36.27 35.75 35.16 36.16 35.22

Shamal Az-Zour Al-Oula Power And Water Co KSCP Quarterly Data
Dec18 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 8.12 9.58 9.00 8.52 8.41

Competitive Comparison of Shamal Az-Zour Al-Oula Power And Water Co KSCP's Gross Profit

For the Utilities - Diversified subindustry, Shamal Az-Zour Al-Oula Power And Water Co KSCP'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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP's Gross Profit Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Shamal Az-Zour Al-Oula Power And Water Co KSCP's Gross Profit distribution charts can be found below:

* The bar in red indicates where Shamal Az-Zour Al-Oula Power And Water Co KSCP's Gross Profit falls into.



Shamal Az-Zour Al-Oula Power And Water Co KSCP Gross Profit Calculation

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

Shamal Az-Zour Al-Oula Power And Water Co KSCP'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
=52.645 - 17.427
=35.22

Shamal Az-Zour Al-Oula Power And Water Co KSCP's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=12.788 - 4.378
=8.41

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 KWD35.51 Mil.

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

Shamal Az-Zour Al-Oula Power And Water Co KSCP'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
=8.41 / 12.788
=65.76 %

* 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.


Shamal Az-Zour Al-Oula Power And Water Co KSCP  (KUW:AZNOULA) 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

Shamal Az-Zour Al-Oula Power And Water Co KSCP had a gross margin of 65.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Shamal Az-Zour Al-Oula Power And Water Co KSCP Gross Profit Related Terms

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Shamal Az-Zour Al-Oula Power And Water Co KSCP (KUW:AZNOULA) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Ibn Al Waleed Street, 6th Floor, Mazaya Tower 2, Block 3, Mirqab, Kuwait City, KWT
Shamal Az-Zour Al-Oula Power And Water Co KSCP is engaged in the development of Az-Zour North One Power and Water plant. The company promotes power generation plants and builds and operates power production and water desalination plants that produce more than 500 MW.

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