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Proen PCL (BKK:PROEN) Gross Profit : ฿161.0 Mil (TTM As of Mar. 2024)


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What is Proen PCL Gross Profit?

Proen PCL's gross profit for the three months ended in Mar. 2024 was ฿32.8 Mil. Proen PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was ฿161.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Proen PCL's gross profit for the three months ended in Mar. 2024 was ฿32.8 Mil. Proen PCL's Revenue for the three months ended in Mar. 2024 was ฿138.7 Mil. Therefore, Proen PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 23.69%.

Proen PCL had a gross margin of 23.69% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 5 years, the highest Gross Margin % of Proen PCL was 22.98%. The lowest was 13.41%. And the median was 15.44%.


Proen PCL Gross Profit Historical Data

The historical data trend for Proen 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.

* Premium members only.

Proen PCL Gross Profit Chart

Proen PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
136.26 160.06 146.02 205.31 160.31

Proen PCL Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit 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 32.16 45.34 43.73 39.09 32.84

Competitive Comparison of Proen PCL's Gross Profit

For the Telecom Services subindustry, Proen 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.


Proen PCL's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Proen PCL's Gross Profit distribution charts can be found below:

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



Proen PCL Gross Profit Calculation

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

Proen 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
=763.316 - 603.003
=160.3

Proen 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
=138.666 - 105.822
=32.8

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 ฿161.0 Mil.

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

Proen 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
=32.8 / 138.666
=23.69 %

* 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.


Proen PCL  (BKK:PROEN) 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

Proen PCL had a gross margin of 23.69% for the quarter that ended in Mar. 2024 => Competition eroding margins


Proen PCL Gross Profit Related Terms

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Proen PCL (BKK:PROEN) Business Description

Traded in Other Exchanges
N/A
Address
Charoenkrung Road, 72 CAT Telecom Building, 4th, 18th Floor, Bangrak Sub-district, Bangrak District, Bangkok, THA, 10500
Proen Corp PCL is engaged in the business of IT equipment distributor, providing internet data center services and related services, providing internet security services, and construction. The Group has three segments which are comprised of IT equipment distribution, Internet data center, and related services and Construction of which key revenue is from the IT equipment segment. The Group operates in Thailand.

Proen PCL (BKK:PROEN) Headlines

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