Northeast Group Bhd (XKLS:0325) Gross Profit : RM35.45 Mil (TTM As of Sep. 2023)

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What is Northeast Group Bhd Gross Profit?

Northeast Group Bhd's gross profit for the six months ended in Sep. 2023 was RM35.45 Mil. Northeast Group Bhd's gross profit for the trailing twelve months (TTM) ended in Sep. 2023 was RM35.45 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Northeast Group Bhd's gross profit for the six months ended in Sep. 2023 was RM35.45 Mil. Northeast Group Bhd's Revenue for the six months ended in Sep. 2023 was RM93.34 Mil. Therefore, Northeast Group Bhd's Gross Margin % for the quarter that ended in Sep. 2023 was 37.98%.

Northeast Group Bhd had a gross margin of 37.98% for the quarter that ended in Sep. 2023 => Competition eroding margins

During the past 3 years, the highest Gross Margin % of Northeast Group Bhd was 37.98%. The lowest was 30.77%. And the median was 37.90%.

Northeast Group Bhd Gross Profit Historical Data

The historical data trend for Northeast Group Bhd'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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Northeast Group Bhd Gross Profit Chart

Northeast Group Bhd Annual Data

Trend

Sep21

Sep22

Sep23

Gross Profit

34.83

54.78

35.45

Northeast Group Bhd Semi-Annual Data
	Sep21	Sep22	Sep23
Gross Profit	34.83	54.78	35.45

Competitive Comparison of Northeast Group Bhd's Gross Profit

For the Electronic Components subindustry, Northeast Group Bhd'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.

Northeast Group Bhd's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Northeast Group Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Northeast Group Bhd's Gross Profit falls into.

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Northeast Group Bhd Gross Profit Calculation

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

Northeast Group Bhd's Gross Profit for the fiscal year that ended in Sep. 2023 is calculated as

Gross Profit (A: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	93.335	-	57.885
	=	35.45

Northeast Group Bhd's Gross Profit for the quarter that ended in Sep. 2023 is calculated as

Gross Profit (Q: Sep. 2023 )	=	Revenue	-	Cost of Goods Sold
	=	93.335	-	57.885
	=	35.45

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Gross Profit for the trailing twelve months (TTM) ended in Sep. 2023 was RM35.45 Mil.

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

Northeast Group Bhd's Gross Margin % for the quarter that ended in Sep. 2023 is calculated as

Gross Margin % (Q: Sep. 2023 )	=	Gross Profit (Q: Sep. 2023 )	/	Revenue (Q: Sep. 2023 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	35.45	/	93.335
	=	37.98 %

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.

Northeast Group Bhd (XKLS:0325) 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

Northeast Group Bhd had a gross margin of 37.98% for the quarter that ended in Sep. 2023 => Competition eroding margins

Northeast Group Bhd Gross Profit Related Terms

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Northeast Group Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Northeast Group Bhd (XKLS:0325) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

1946, Lorong IKS Bukit Minyak 1, Taman IKS Bukit Minyak, Simpang Ampat, PNG, MYS, 14100

Website

https://www.northeast.my

Northeast Group Bhd is an investment holding company. Through its subsidiaries, it is principally involved in the manufacturing of precision engineering components used in the photonics, E&E, semiconductor, telecommunication and optoelectronics industries. Precision engineering components are parts that are precisely machined in exact and accurate dimensions (i.e. tolerances for variation of up to a single-digit micron range) to be further processed and/or assembled to form end-products by its customers. Geographically, it operates in Malaysia, North America, Europe, Oceania, South America and Other Asian Countries.

Northeast Group Bhd Headlines

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