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MBC Group Co (SAU:4072) Gross Profit : ﷼345 Mil (TTM As of Mar. 2024)


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What is MBC Group Co Gross Profit?

MBC Group Co's gross profit for the three months ended in Mar. 2024 was ﷼345 Mil. MBC Group Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ﷼345 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MBC Group Co's gross profit for the three months ended in Mar. 2024 was ﷼345 Mil. MBC Group Co's Revenue for the three months ended in Mar. 2024 was ﷼1,236 Mil. Therefore, MBC Group Co's Gross Margin % for the quarter that ended in Mar. 2024 was 27.91%.

MBC Group Co had a gross margin of 27.91% for the quarter that ended in Mar. 2024 => Competition eroding margins


MBC Group Co Gross Profit Historical Data

The historical data trend for MBC Group 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.

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MBC Group Co Gross Profit Chart

MBC Group Co Annual Data
Trend
Gross Profit

MBC Group Co Quarterly Data
Mar24
Gross Profit 344.91

Competitive Comparison of MBC Group Co's Gross Profit

For the Broadcasting subindustry, MBC Group 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.


MBC Group Co's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, MBC Group Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where MBC Group Co's Gross Profit falls into.



MBC Group Co Gross Profit Calculation

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

MBC Group Co's Gross Profit for the fiscal year that ended in . 20 is calculated as

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1235.753 - 890.843
=345

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 ﷼345 Mil.

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

MBC Group Co'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
=345 / 1235.753
=27.91 %

* 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.


MBC Group Co  (SAU:4072) 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

MBC Group Co had a gross margin of 27.91% for the quarter that ended in Mar. 2024 => Competition eroding margins


MBC Group Co Gross Profit Related Terms

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MBC Group Co (SAU:4072) Business Description

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MBC Group Co is a media company in the middle East and north africa having principal activities consisting of information, communication, education, arts, entertainment and recreation. It has has continued to grow its presence and audience reach in the MENA region where it broadcasts 13 FTA TV channels and owns Shahid, the leading over-the-top video streaming platform in the MENA region in terms of subscribers.

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