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Petron Malaysia Refining & Marketing Bhd (XKLS:3042) Gross Profit : RM323 Mil (TTM As of Sep. 2024)


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What is Petron Malaysia Refining & Marketing Bhd Gross Profit?

Petron Malaysia Refining & Marketing Bhd's gross profit for the three months ended in Sep. 2024 was RM39 Mil. Petron Malaysia Refining & Marketing Bhd's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was RM323 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Petron Malaysia Refining & Marketing Bhd's gross profit for the three months ended in Sep. 2024 was RM39 Mil. Petron Malaysia Refining & Marketing Bhd's Revenue for the three months ended in Sep. 2024 was RM3,815 Mil. Therefore, Petron Malaysia Refining & Marketing Bhd's Gross Margin % for the quarter that ended in Sep. 2024 was 1.02%.

Petron Malaysia Refining & Marketing Bhd had a gross margin of 1.02% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Petron Malaysia Refining & Marketing Bhd was 7.42%. The lowest was 1.19%. And the median was 3.91%.

Warning Sign:

Petron Malaysia Refining & Marketing Bhd gross margin has been in long-term decline. The average rate of decline per year is -2.3%.


Petron Malaysia Refining & Marketing Bhd Gross Profit Historical Data

The historical data trend for Petron Malaysia Refining & Marketing 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.

Petron Malaysia Refining & Marketing Bhd Gross Profit Chart

Petron Malaysia Refining & Marketing Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 472.23 166.64 538.42 532.70 563.91

Petron Malaysia Refining & Marketing Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 239.89 32.03 178.85 73.38 38.96

Competitive Comparison of Petron Malaysia Refining & Marketing Bhd's Gross Profit

For the Oil & Gas Refining & Marketing subindustry, Petron Malaysia Refining & Marketing 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.


Petron Malaysia Refining & Marketing Bhd's Gross Profit Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Petron Malaysia Refining & Marketing Bhd's Gross Profit distribution charts can be found below:

* The bar in red indicates where Petron Malaysia Refining & Marketing Bhd's Gross Profit falls into.



Petron Malaysia Refining & Marketing Bhd Gross Profit Calculation

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

Petron Malaysia Refining & Marketing Bhd's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=17216.282 - 16652.375
=564

Petron Malaysia Refining & Marketing Bhd's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=3814.541 - 3775.582
=39

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM323 Mil.

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

Petron Malaysia Refining & Marketing Bhd's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=39 / 3814.541
=1.02 %

* 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.


Petron Malaysia Refining & Marketing Bhd  (XKLS:3042) 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

Petron Malaysia Refining & Marketing Bhd had a gross margin of 1.02% for the quarter that ended in Sep. 2024 => No sustainable competitive advantage


Petron Malaysia Refining & Marketing Bhd Gross Profit Related Terms

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Petron Malaysia Refining & Marketing Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 46, Jalan Dungun, Level 12A, Menara I & P, Tower 1, Damansara Heights, Kuala Lumpur, SGR, MYS, 50490
Petron Malaysia Refining & Marketing Bhd is an oil company engaged in manufacturing and marketing a wide range of petroleum products which include Gasoline, Automotive Diesel Oil (ADO), Liquefied Petroleum Gas (LPG), and Lubricants among others. The company generates revenue from the sale of petroleum products to Retail and Commercial customers in various geographical locations. Geographically, a majority of its revenue is derived from Malaysia and the rest from Singapore.

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