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Tanco Holdings Bhd (XKLS:2429) Gross Profit : RM22.0 Mil (TTM As of Mar. 2024)


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What is Tanco Holdings Bhd Gross Profit?

Tanco Holdings Bhd's gross profit for the three months ended in Mar. 2024 was RM0.8 Mil. Tanco Holdings Bhd's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was RM22.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tanco Holdings Bhd's gross profit for the three months ended in Mar. 2024 was RM0.8 Mil. Tanco Holdings Bhd's Revenue for the three months ended in Mar. 2024 was RM36.7 Mil. Therefore, Tanco Holdings Bhd's Gross Margin % for the quarter that ended in Mar. 2024 was 2.23%.

Tanco Holdings Bhd had a gross margin of 2.23% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Tanco Holdings Bhd was 76.38%. The lowest was -8.97%. And the median was 31.70%.


Tanco Holdings Bhd Gross Profit Historical Data

The historical data trend for Tanco Holdings 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.

* Premium members only.

Tanco Holdings Bhd Gross Profit Chart

Tanco Holdings Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 -0.30 1.18 2.32 22.33

Tanco Holdings Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.07 9.76 6.85 4.56 0.82

Competitive Comparison of Tanco Holdings Bhd's Gross Profit

For the Real Estate - Diversified subindustry, Tanco Holdings 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.


Tanco Holdings Bhd's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tanco Holdings Bhd's Gross Profit distribution charts can be found below:

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



Tanco Holdings Bhd Gross Profit Calculation

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

Tanco Holdings Bhd's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=93.85 - 71.519
=22.3

Tanco Holdings Bhd's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=36.737 - 35.917
=0.8

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 RM22.0 Mil.

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

Tanco Holdings Bhd'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
=0.8 / 36.737
=2.23 %

* 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.


Tanco Holdings Bhd  (XKLS:2429) 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

Tanco Holdings Bhd had a gross margin of 2.23% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Tanco Holdings Bhd Gross Profit Related Terms

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Tanco Holdings Bhd (XKLS:2429) Business Description

Traded in Other Exchanges
N/A
Address
Number 1, Jalan Bandar 1, Pusat Bandar Puchong, Puchong, SGR, MYS, 47160
Tanco Holdings Bhd is a Malaysia-based investment holding company. It is also engaged in the provision of management services. The company's segments include Property development/Management; Resorts & Club Operation/Management; Construction; and Investment holding and Business consulting services. The projects for Property development include Splash Park, Kuantan Hotel suites, Spa village, and International Hotel. The company generates maximum revenue from the Construction segment.

Tanco Holdings Bhd (XKLS:2429) Headlines

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