Petronas Gas Bhd's gross profit for the
three
months ended in Dec. 2024 was RM482 Mil. Petronas Gas Bhd's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was RM2,277 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Petronas Gas Bhd's gross profit for the
three
months ended in Dec. 2024 was RM482 Mil. Petronas Gas Bhd's Revenue for the
three
months ended in Dec. 2024 was RM1,615 Mil. Therefore, Petronas Gas Bhd's Gross Margin % for the quarter that ended in Dec. 2024 was 29.85%.
Petronas Gas Bhd had a gross margin of 29.85% for the quarter that ended in Dec. 2024 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Petronas Gas Bhd was 48.15%. The lowest was 34.83%. And the median was 45.42%.
Warning Sign:
Petronas Gas Bhd gross margin has been in long-term decline. The average rate of decline per year is -6.2%.
Petronas Gas Bhd Gross Profit Historical Data
The historical data trend for Petronas Gas 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.
Competitive Comparison of Petronas Gas Bhd's Gross Profit
For the Oil & Gas Integrated subindustry, Petronas Gas 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.
Petronas Gas Bhd's Gross Profit Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Petronas Gas Bhd's Gross Profit distribution charts can be found below:
* The bar in red indicates where Petronas Gas Bhd's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM2,277 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Petronas Gas Bhd (XKLS:6033) 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
Petronas Gas Bhd had a gross margin of 29.85% for the quarter that ended in Dec. 2024 => Competition eroding margins
Petronas Gas Bhd Gross Profit Related Terms
Thank you for viewing the detailed overview of Petronas Gas Bhd's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Petronas Gas Bhd is a Malaysian gas infrastructure and utilities company of which Malaysia's nationalized oil corporation, PETRONAS, holds a majority interest. Petronas Gas segments its primary operations into Gas Processing, Gas Transportation, Utilities, and Regasification businesses. While each of these contributes significantly to the company's total revenue, its Utilities and Gas Processing units combine to generate the majority. In Gas Processing, Petronas Gas receives processing fees under multi-year contracts by processing natural gas piped offshore for its parent company, PETRONAS. The Gas Transportation business encompasses the transmission of offshore natural gas through pipelines to customers in Malaysia and Singapore under multi-year agreements with PETRONAS.
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