United Arab Float Glass Co (SAU:9611) Net Margin % : 16.60% (As of Jun. 2024)

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What is United Arab Float Glass Co Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. United Arab Float Glass Co's Net Income for the six months ended in Jun. 2024 was ﷼8.89 Mil. United Arab Float Glass Co's Revenue for the six months ended in Jun. 2024 was ﷼53.54 Mil. Therefore, United Arab Float Glass Co's net margin for the quarter that ended in Jun. 2024 was 16.60%.

The historical rank and industry rank for United Arab Float Glass Co's Net Margin % or its related term are showing as below:

SAU:9611' s Net Margin % Range Over the Past 10 Years
Min: 0 Med: 0 Max: 16.6
Current: 16.6

SAU:9611's Net Margin % is ranked better than
86.39% of 404 companies
in the Building Materials industry
Industry Median: 4.34 vs SAU:9611: 16.60

United Arab Float Glass Co Net Margin % Historical Data

The historical data trend for United Arab Float Glass Co's Net Margin % 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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United Arab Float Glass Co Net Margin % Chart

United Arab Float Glass Co Annual Data

Trend

Net Margin %

United Arab Float Glass Co Semi-Annual Data
	Jun23	Jun24
Net Margin %	21.28	16.60

Competitive Comparison of United Arab Float Glass Co's Net Margin %

For the Building Materials subindustry, United Arab Float Glass Co's Net Margin %, along with its competitors' market caps and Net Margin % 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.

United Arab Float Glass Co's Net Margin % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, United Arab Float Glass Co's Net Margin % distribution charts can be found below:

* The bar in red indicates where United Arab Float Glass Co's Net Margin % falls into.

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United Arab Float Glass Co Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

United Arab Float Glass Co's Net Margin for the fiscal year that ended in . 20 is calculated as

Net Margin	=	Net Income (A: . 20 )	/	Revenue (A: . 20 )
	=		/
	=	%

United Arab Float Glass Co's Net Margin for the quarter that ended in Jun. 2024 is calculated as

Net Margin	=	Net Income (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	8.887	/	53.538
	=	16.60 %

United Arab Float Glass Co (SAU:9611) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

United Arab Float Glass Co Net Margin % Related Terms

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United Arab Float Glass Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » United Arab Float Glass Co (SAU:9611) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Thumama Road, 13316 P.O. Box, All Rabie District, Riyadh, SAU, 26994

Website

https://www.aufgc.com

United Arab Float Glass Co is engaged in the float glass market that designs, thicknesses, and dimensions glasses. Its products are Clear float glass, Pattern glass, Silver, and Decorative mirrors. The company's activity is represented in the wholesale and retail trade of the company's products and building materials, including importing and exporting them abroad, owning lands and real estate, constructing buildings on them, practicing manufacturing industries related to the glass industry, and manufacturing and mining all glass industry requirements from raw materials and others.

United Arab Float Glass Co Headlines

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