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Pollux Properties (SGX:5AE) Gross Profit : S$13.60 Mil (TTM As of Jun. 2023)


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What is Pollux Properties Gross Profit?

Pollux Properties's gross profit for the six months ended in Jun. 2023 was S$6.64 Mil. Pollux Properties's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was S$13.60 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Pollux Properties's gross profit for the six months ended in Jun. 2023 was S$6.64 Mil. Pollux Properties's Revenue for the six months ended in Jun. 2023 was S$6.67 Mil. Therefore, Pollux Properties's Gross Margin % for the quarter that ended in Jun. 2023 was 99.54%.

Pollux Properties had a gross margin of 99.54% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Pollux Properties was 96.51%. The lowest was 9.76%. And the median was 30.11%.


Pollux Properties Gross Profit Historical Data

The historical data trend for Pollux Properties'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.

Pollux Properties Gross Profit Chart

Pollux Properties Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.44 11.79 12.68 7.67 12.37

Pollux Properties Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23
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 3.81 3.86 5.42 6.96 6.64

Competitive Comparison of Pollux Properties's Gross Profit

For the Real Estate Services subindustry, Pollux Properties'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.


Pollux Properties's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pollux Properties's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pollux Properties's Gross Profit falls into.



Pollux Properties Gross Profit Calculation

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

Pollux Properties's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=13.795 - 1.423
=12.37

Pollux Properties's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=6.671 - 0.031000000000001
=6.64

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was S$13.60 Mil.

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

Pollux Properties's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=6.64 / 6.671
=99.54 %

* 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.


Pollux Properties  (SGX:5AE) 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

Pollux Properties had a gross margin of 99.54% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Pollux Properties Gross Profit Related Terms

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Pollux Properties (SGX:5AE) Business Description

Traded in Other Exchanges
N/A
Address
554 Havelock Road, Singapore, SGP, 169639
Pollux Properties Ltd is a property developer in Singapore focusing on the development of residential and commercial properties. The company is engaged in the business of developing premium real estate projects. The company operates through five segments: The Property Development segment, which is involved in the acquisition and development of properties for sale; The Property Investment segment, which is involved in renting properties and operating a serviced apartment; The Corporate segment, which is involved in corporate services and investments. The Fund Management segment is involved in providing management and advisory services and Hotel Operations. The company generates the majority of its revenue from the Property Investment segment.

Pollux Properties (SGX:5AE) Headlines

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