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Primo Service Solutions PCL (BKK:PRI) Net Margin % : 19.32% (As of Mar. 2024)


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What is Primo Service Solutions PCL Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Primo Service Solutions PCL's Net Income for the three months ended in Mar. 2024 was ฿80 Mil. Primo Service Solutions PCL's Revenue for the three months ended in Mar. 2024 was ฿416 Mil. Therefore, Primo Service Solutions PCL's net margin for the quarter that ended in Mar. 2024 was 19.32%.

The historical rank and industry rank for Primo Service Solutions PCL's Net Margin % or its related term are showing as below:

BKK:PRI' s Net Margin % Range Over the Past 10 Years
Min: 9.76   Med: 17.09   Max: 26.29
Current: 18.51


BKK:PRI's Net Margin % is ranked better than
71.31% of 1788 companies
in the Real Estate industry
Industry Median: 5.87 vs BKK:PRI: 18.51

Primo Service Solutions PCL Net Margin % Historical Data

The historical data trend for Primo Service Solutions PCL'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.

* Premium members only.

Primo Service Solutions PCL Net Margin % Chart

Primo Service Solutions PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 13.76 15.09 22.91 26.29 19.09

Primo Service Solutions PCL Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 22.19 20.57 20.09 14.89 19.32

Competitive Comparison of Primo Service Solutions PCL's Net Margin %

For the Real Estate Services subindustry, Primo Service Solutions PCL'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.


Primo Service Solutions PCL's Net Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Primo Service Solutions PCL's Net Margin % distribution charts can be found below:

* The bar in red indicates where Primo Service Solutions PCL's Net Margin % falls into.



Primo Service Solutions PCL 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.

Primo Service Solutions PCL's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=365.242/1912.898
=19.09 %

Primo Service Solutions PCL's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=80.408/416.142
=19.32 %

* 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.


Primo Service Solutions PCL  (BKK:PRI) 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.


Primo Service Solutions PCL Net Margin % Related Terms

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Primo Service Solutions PCL (BKK:PRI) Business Description

Traded in Other Exchanges
N/A
Address
Tambon Samrong Nuea,, 496 Moo 9, Amphoe Mueang Samut Prakan, Samut Prakan, THA, 10270
Primo Service Solutions PCL is engaged in property management services The company's business operations are divided into different service groups which are property management & sole agent, construction & project management, and wyde interior and cleaning services. A majority of the company's revenue is derived from Thailand.