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Sonasid (CAS:SID) Research & Development : MAD0 Mil (TTM As of Jun. 2024)


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What is Sonasid Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Sonasid's Research & Development for the six months ended in Jun. 2024 was MAD0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was MAD0 Mil.

Sonasid Research & Development Historical Data

The historical data trend for Sonasid's Research & Development 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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Sonasid Research & Development Chart

Sonasid Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Sonasid Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Sonasid Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD0 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.

Sonasid  (CAS:SID) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Sonasid Research & Development Related Terms

Thank you for viewing the detailed overview of Sonasid's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Sonasid Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sonasid SA (CAS:SID) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
Twin Center, Tower A 18th floor, Angle Bd Zerktouni and Massira El Khadra, Casablanca, MAR
Website
http://www.sonasid.ma
Sonasid SA is the manufacturer of steel products. Principally, it is engaged in the production of concrete and wire rod in Morocco. The company offers its products and services in the area of real estate projects and infrastructure industries.