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Gulf Hotels Group BSC (BAH:GHG) Gross Profit : BHD29.24 Mil (TTM As of Mar. 2024)


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What is Gulf Hotels Group BSC Gross Profit?

Gulf Hotels Group BSC's gross profit for the three months ended in Mar. 2024 was BHD6.87 Mil. Gulf Hotels Group BSC's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was BHD29.24 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Gulf Hotels Group BSC's gross profit for the three months ended in Mar. 2024 was BHD6.87 Mil. Gulf Hotels Group BSC's Revenue for the three months ended in Mar. 2024 was BHD8.98 Mil. Therefore, Gulf Hotels Group BSC's Gross Margin % for the quarter that ended in Mar. 2024 was 76.50%.

Gulf Hotels Group BSC had a gross margin of 76.50% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Gulf Hotels Group BSC was 88.09%. The lowest was 35.84%. And the median was 42.35%.


Gulf Hotels Group BSC Gross Profit Historical Data

The historical data trend for Gulf Hotels Group BSC'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.

Gulf Hotels Group BSC Gross Profit Chart

Gulf Hotels Group BSC 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 17.19 7.43 10.64 14.52 14.78

Gulf Hotels Group BSC 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 6.80 5.71 7.39 9.27 6.87

Competitive Comparison of Gulf Hotels Group BSC's Gross Profit

For the Lodging subindustry, Gulf Hotels Group BSC'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.


Gulf Hotels Group BSC's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Gulf Hotels Group BSC's Gross Profit distribution charts can be found below:

* The bar in red indicates where Gulf Hotels Group BSC's Gross Profit falls into.



Gulf Hotels Group BSC Gross Profit Calculation

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

Gulf Hotels Group BSC'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
=33 - 18.217
=14.78

Gulf Hotels Group BSC's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=8.983 - 2.111
=6.87

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 BHD29.24 Mil.

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

Gulf Hotels Group BSC'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
=6.87 / 8.983
=76.50 %

* 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.


Gulf Hotels Group BSC  (BAH:GHG) 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

Gulf Hotels Group BSC had a gross margin of 76.50% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Gulf Hotels Group BSC Gross Profit Related Terms

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Gulf Hotels Group BSC (BAH:GHG) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 580, Manama, BHR
Gulf Hotels Group BSC is involved in providing hospitality services. The company owns and operates the Gulf Hotel and Crown Plaza Hotels in the Kingdom of Bahrain and Gulf Court Hotel Business Bay in Dubai, UAE, GHG Colombo in Sri Lanka. The company has three segments; Hotel operations including Hotel rooms and rental and executive apartments and offices, food and beverage including the sale of food and beverages, and convention operations, and Investments and other activities including Investment activities of the Group. The company generates revenue on letting hotel rooms and sale of food and beverages.

Gulf Hotels Group BSC (BAH:GHG) Headlines