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SKK Holdings (SKK Holdings) Gross Profit : $4.55 Mil (TTM As of Jun. 2023)


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What is SKK Holdings Gross Profit?

SKK Holdings's gross profit for the six months ended in Jun. 2023 was $2.25 Mil. SKK Holdings's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $4.55 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. SKK Holdings's gross profit for the six months ended in Jun. 2023 was $2.25 Mil. SKK Holdings's Revenue for the six months ended in Jun. 2023 was $5.15 Mil. Therefore, SKK Holdings's Gross Margin % for the quarter that ended in Jun. 2023 was 43.68%.

SKK Holdings had a gross margin of 43.68% for the quarter that ended in Jun. 2023 => Durable competitive advantage


SKK Holdings Gross Profit Historical Data

The historical data trend for SKK 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.

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SKK Holdings Gross Profit Chart

SKK Holdings Annual Data
Trend Dec21 Dec22
Gross Profit
4.15 4.66

SKK Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Gross Profit - 2.35 2.30 2.25

Competitive Comparison of SKK Holdings's Gross Profit

For the Engineering & Construction subindustry, SKK 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.


SKK Holdings's Gross Profit Distribution in the Construction Industry

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

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



SKK Holdings Gross Profit Calculation

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

SKK Holdings'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
=9.621 - 4.966
=4.66

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

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=5.147 - 2.899
=2.25

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 $4.55 Mil.

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

SKK Holdings'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
=2.25 / 5.147
=43.68 %

* 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.


SKK Holdings  (NAS:SKK) 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

SKK Holdings had a gross margin of 43.68% for the quarter that ended in Jun. 2023 => Durable competitive advantage


SKK Holdings Gross Profit Related Terms

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SKK Holdings (SKK Holdings) Business Description

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Address
SKK Holdings Ltd is a civil engineering service provider that specializes in subsurface utility works in Singapore. It construct and maintain various public works and infrastructure projects that serve the society and the environment. Its projects are primarily the subsurface work related to projects undertaken by the Public Utilities Board (PUB) and Singapore Telecommunications Limited. The nature of these projects is related to repairing of pumping mains, sewer maintenance and pipe cable laying.

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