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Mezzan Holding Co KSC (KUW:MEZZAN) Net Income : KWD12.9 Mil (TTM As of Mar. 2024)


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What is Mezzan Holding Co KSC Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mezzan Holding Co KSC's Net Income for the three months ended in Mar. 2024 was KWD5.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was KWD12.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mezzan Holding Co KSC's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was KWD0.02.


Mezzan Holding Co KSC Net Income Historical Data

The historical data trend for Mezzan Holding Co KSC's Net Income 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.

Mezzan Holding Co KSC Net Income Chart

Mezzan Holding Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only 5.64 10.93 8.43 -1.97 11.46

Mezzan Holding Co KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income 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 4.27 1.67 2.16 3.36 5.72

Mezzan Holding Co KSC Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Mezzan Holding Co KSC's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=13.249+-0.445+0+-1.344
=11.5

Mezzan Holding Co KSC's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=6.377+-0.273+0+-0.386
=5.7

Net Income 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 KWD12.9 Mil.

* 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.


Mezzan Holding Co KSC  (KUW:MEZZAN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Mezzan Holding Co KSC's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Mezzan Holding Co KSC Net Income Related Terms

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Mezzan Holding Co KSC (KUW:MEZZAN) Business Description

Traded in Other Exchanges
N/A
Address
Shuwaikh Industrial Area 3, Block 1A, Jassim Al Wazzan Sons Building, P.O Box: 124, Safat, KWT, 13002
Mezzan Holding Co KSC is engaged in the manufacturing, sale, and distribution of food and non-food products. It manufactures and distributes chips, snacks, meats, bottled water, and canned foods and is also involved in the catering business, providing meals to corporations, hotels, airlines, industrial sites, and government ministries. It operates in five segments namely: Food; Catering; Services; Fast Moving Consumer Goods, Healthcare Industrial; and Industrial. The firm derives most of its revenue from the Food segment. The company's geographical segments include Kuwait, Saudi Arabia, United Arab Emirates, Qatar, Jordan, Afghanistan, and Iraq.

Mezzan Holding Co KSC (KUW:MEZZAN) Headlines

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