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Al Hassan Engineering CoOG (MUS:HECI) Gross Profit : ر.ع2.93 Mil (TTM As of Dec. 2020)


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What is Al Hassan Engineering CoOG Gross Profit?

Al Hassan Engineering CoOG's gross profit for the six months ended in Dec. 2020 was ر.ع2.93 Mil. Al Hassan Engineering CoOG's gross profit for the trailing twelve months (TTM) ended in Dec. 2020 was ر.ع2.93 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Al Hassan Engineering CoOG's gross profit for the six months ended in Dec. 2020 was ر.ع2.93 Mil. Al Hassan Engineering CoOG's Revenue for the six months ended in Dec. 2020 was ر.ع22.04 Mil. Therefore, Al Hassan Engineering CoOG's Gross Margin % for the quarter that ended in Dec. 2020 was 13.31%.

Al Hassan Engineering CoOG had a gross margin of 13.31% for the quarter that ended in Dec. 2020 => No sustainable competitive advantage


Al Hassan Engineering CoOG Gross Profit Historical Data

The historical data trend for Al Hassan Engineering CoOG'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.

Al Hassan Engineering CoOG Gross Profit Chart

Al Hassan Engineering CoOG Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.50 -0.07 1.61 5.22 2.93

Al Hassan Engineering CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 -5.50 -0.07 1.61 5.22 2.93

Competitive Comparison of Al Hassan Engineering CoOG's Gross Profit

For the Engineering & Construction subindustry, Al Hassan Engineering CoOG'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.


Al Hassan Engineering CoOG's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Al Hassan Engineering CoOG's Gross Profit distribution charts can be found below:

* The bar in red indicates where Al Hassan Engineering CoOG's Gross Profit falls into.



Al Hassan Engineering CoOG Gross Profit Calculation

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

Al Hassan Engineering CoOG's Gross Profit for the fiscal year that ended in Dec. 2020 is calculated as

Gross Profit (A: Dec. 2020 )=Revenue - Cost of Goods Sold
=22.044 - 19.11
=2.93

Al Hassan Engineering CoOG's Gross Profit for the quarter that ended in Dec. 2020 is calculated as

Gross Profit (Q: Dec. 2020 )=Revenue - Cost of Goods Sold
=22.044 - 19.11
=2.93

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Dec. 2020 was ر.ع2.93 Mil.

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

Al Hassan Engineering CoOG's Gross Margin % for the quarter that ended in Dec. 2020 is calculated as

Gross Margin % (Q: Dec. 2020 )=Gross Profit (Q: Dec. 2020 ) / Revenue (Q: Dec. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=2.93 / 22.044
=13.31 %

* 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.


Al Hassan Engineering CoOG  (MUS:HECI) 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

Al Hassan Engineering CoOG had a gross margin of 13.31% for the quarter that ended in Dec. 2020 => No sustainable competitive advantage


Al Hassan Engineering CoOG Gross Profit Related Terms

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Al Hassan Engineering CoOG (MUS:HECI) Business Description

Traded in Other Exchanges
N/A
Address
Ruwi, P.O Box 1948, Muscat, OMN, 112
Al Hassan Engineering Co SAOG is a contracting company providing electrical, mechanical, instrumentation and civil contracting services to the Oil, Gas and Petrochemicals, Power, Water and Wastewater sectors. The company also provides fabrication that includes design, fabrication, and repair of pressure vessels and boilers and maintenance services across all sectors. It derives its revenues from the contracting services it provides to various sectors.

Al Hassan Engineering CoOG (MUS:HECI) Headlines

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