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PGHL (Primega Group Holdings) Gross Profit : $2.80 Mil (TTM As of Sep. 2024)


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What is Primega Group Holdings Gross Profit?

Primega Group Holdings's gross profit for the six months ended in Sep. 2024 was $1.41 Mil. Primega Group Holdings's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $2.80 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Primega Group Holdings's gross profit for the six months ended in Sep. 2024 was $1.41 Mil. Primega Group Holdings's Revenue for the six months ended in Sep. 2024 was $9.57 Mil. Therefore, Primega Group Holdings's Gross Margin % for the quarter that ended in Sep. 2024 was 14.71%.

Primega Group Holdings had a gross margin of 14.71% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Primega Group Holdings was 28.24%. The lowest was 11.21%. And the median was 20.06%.


Primega Group Holdings Gross Profit Historical Data

The historical data trend for Primega Group Holdings'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.

Primega Group Holdings Gross Profit Chart

Primega Group Holdings Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Gross Profit
0.17 2.96 2.18 2.77

Primega Group Holdings Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Gross Profit Get a 7-Day Free Trial 1.25 0.93 1.38 1.39 1.41

Competitive Comparison of Primega Group Holdings's Gross Profit

For the Engineering & Construction subindustry, Primega Group Holdings'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.


Primega Group Holdings's Gross Profit Distribution in the Construction Industry

For the Construction industry and Industrials sector, Primega Group Holdings's Gross Profit distribution charts can be found below:

* The bar in red indicates where Primega Group Holdings's Gross Profit falls into.


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Primega Group Holdings Gross Profit Calculation

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

Primega Group Holdings's Gross Profit for the fiscal year that ended in Mar. 2024 is calculated as

Gross Profit (A: Mar. 2024 )=Revenue - Cost of Goods Sold
=13.464 - 10.695
=2.77

Primega Group Holdings's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=9.573 - 8.165
=1.41

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.80 Mil.

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

Primega Group Holdings'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
=1.41 / 9.573
=14.71 %

* 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.


Primega Group Holdings  (NAS:PGHL) 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

Primega Group Holdings had a gross margin of 14.71% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Primega Group Holdings Gross Profit Related Terms

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Primega Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
34 Tai Yau Street, Room 2912, 29 floor, New Tech Plaza, San Po Kong, Kowloon, Hong Kong, HKG
Primega Group Holdings Ltd is engaged in transportation services. It operates in the Hong Kong construction industry, mainly handling the transportation of materials excavated from construction sites. Its services principally comprise (i) soil and rock transportation services; (ii) diesel oil trading; and (iii) construction works, which mainly include ELS works and bored piling. The company provide services as a subcontractor to other construction contractors in Hong Kong. Maximum revenue is generated from soil and rock transportation services.