PRG PCL (BKK:PRG) Gross Profit : ฿219 Mil (TTM As of Mar. 2024)

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What is PRG PCL Gross Profit?

PRG PCL's gross profit for the three months ended in Mar. 2024 was ฿52 Mil. PRG PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿219 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. PRG PCL's gross profit for the three months ended in Mar. 2024 was ฿52 Mil. PRG PCL's Revenue for the three months ended in Mar. 2024 was ฿581 Mil. Therefore, PRG PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 9.00%.

PRG PCL had a gross margin of 9.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of PRG PCL was 20.24%. The lowest was 10.76%. And the median was 17.14%.

Warning Sign:

PRG Corp PCL gross margin has been in long-term decline. The average rate of decline per year is -2.4%.

PRG PCL Gross Profit Historical Data

The historical data trend for PRG PCL'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.

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PRG PCL Gross Profit Chart

PRG PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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271.38

253.99

334.12

286.24

211.44

PRG PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial															44.61	52.27	65.91	48.41	52.24

Competitive Comparison of PRG PCL's Gross Profit

For the Packaged Foods subindustry, PRG PCL'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.

PRG PCL's Gross Profit Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PRG PCL's Gross Profit distribution charts can be found below:

* The bar in red indicates where PRG PCL's Gross Profit falls into.

PRG PCL Gross Profit Calculation

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

PRG PCL'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
	=	1850.263	-	1638.823
	=	211

PRG PCL's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	580.587	-	528.349
	=	52

Gross Profit 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 ฿219 Mil.

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

PRG PCL's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )	=	Gross Profit (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	52	/	580.587
	=	9.00 %

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.

PRG PCL (BKK:PRG) 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

PRG PCL had a gross margin of 9.00% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

PRG PCL Gross Profit Related Terms

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PRG PCL (BKK:PRG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PRG Corp PCL (BKK:PRG) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

88, Moo 2, Tiwanont Road, Bangkadee Sub-District, Muang District, Pathumtani, THA, 12000

Website

http://www.prg.co.th

PRG Corp PCL is engaged in the processing and packaging of rice and related business. The company has three reportable segments: Improving the quality and packaging of milled rice including Organic rice, Japanese rice, Quinoa rice, White rice, Hom Mali rice, Maboonkrong rice, and other products; and Food Center business includes Suki Number One, MBK Food Island, The Fifth Food Avenue, and HINA Japanese Restaurant and Asset management. Geographically, it operates in Thailand, the United States, Canada, Europe, Asia Pacific, and other regions. PRG Corp PCL generates the majority of its revenue from Improving the quality and packaging of rice from the Thailand region.