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Tamdeen Real Estate Co KSCC (KUW:TAM) Gross Profit : KWD17.09 Mil (TTM As of Mar. 2024)


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What is Tamdeen Real Estate Co KSCC Gross Profit?

Tamdeen Real Estate Co KSCC's gross profit for the three months ended in Mar. 2024 was KWD4.54 Mil. Tamdeen Real Estate Co KSCC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was KWD17.09 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Tamdeen Real Estate Co KSCC's gross profit for the three months ended in Mar. 2024 was KWD4.54 Mil. Tamdeen Real Estate Co KSCC's Revenue for the three months ended in Mar. 2024 was KWD6.29 Mil. Therefore, Tamdeen Real Estate Co KSCC's Gross Margin % for the quarter that ended in Mar. 2024 was 72.11%.

Tamdeen Real Estate Co KSCC had a gross margin of 72.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Tamdeen Real Estate Co KSCC was 73.39%. The lowest was 54.53%. And the median was 68.60%.


Tamdeen Real Estate Co KSCC Gross Profit Historical Data

The historical data trend for Tamdeen Real Estate Co KSCC'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.

Tamdeen Real Estate Co KSCC Gross Profit Chart

Tamdeen Real Estate Co KSCC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.34 6.61 15.22 17.37 17.48

Tamdeen Real Estate Co KSCC 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 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 4.93 4.23 4.23 4.09 4.54

Competitive Comparison of Tamdeen Real Estate Co KSCC's Gross Profit

For the Real Estate - Diversified subindustry, Tamdeen Real Estate Co KSCC'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.


Tamdeen Real Estate Co KSCC's Gross Profit Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tamdeen Real Estate Co KSCC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Tamdeen Real Estate Co KSCC's Gross Profit falls into.



Tamdeen Real Estate Co KSCC Gross Profit Calculation

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

Tamdeen Real Estate Co KSCC'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
=23.96 - 6.481
=17.48

Tamdeen Real Estate Co KSCC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=6.292 - 1.755
=4.54

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 KWD17.09 Mil.

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

Tamdeen Real Estate Co KSCC'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
=4.54 / 6.292
=72.11 %

* 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.


Tamdeen Real Estate Co KSCC  (KUW:TAM) 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

Tamdeen Real Estate Co KSCC had a gross margin of 72.11% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Tamdeen Real Estate Co KSCC Gross Profit Related Terms

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Tamdeen Real Estate Co KSCC (KUW:TAM) Business Description

Traded in Other Exchanges
N/A
Address
Mall - Sixth Ring Road, South Surra, 360 Complex, P.O. Box 21816, 4th Floor, Block 7, Al-Zahraa District, Safat, Kuwait, KWT, 13079
Tamdeen Real Estate Co KSCC operates as a real estate investment and development company. The business activity of the company includes the development of real estate projects and construction contracts of buildings, managing the properties of others. In addition, the group is also involved in providing consultation services on asset utilization for individual clients, as well as consultation and advisory services on merger and acquisition, and business succession for corporate clients; investment and portfolio management services; and research and analysis services. The company operates in two reportable segments that are the real estate and investment. It generates maximum revenue from Investment segment.

Tamdeen Real Estate Co KSCC (KUW:TAM) Headlines

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