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Minor International PCL (Minor International PCL) Gross Profit : $1,946 Mil (TTM As of Mar. 2024)


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What is Minor International PCL Gross Profit?

Minor International PCL's gross profit for the three months ended in Mar. 2024 was $419 Mil. Minor International PCL's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $1,946 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Minor International PCL's gross profit for the three months ended in Mar. 2024 was $419 Mil. Minor International PCL's Revenue for the three months ended in Mar. 2024 was $1,016 Mil. Therefore, Minor International PCL's Gross Margin % for the quarter that ended in Mar. 2024 was 41.26%.

Minor International PCL had a gross margin of 41.26% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Minor International PCL was 58.86%. The lowest was 15.55%. And the median was 50.89%.

Warning Sign:

Minor International PCL gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Minor International PCL Gross Profit Historical Data

The historical data trend for Minor International 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.

Minor International PCL Gross Profit Chart

Minor International PCL 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 1,782.73 289.22 657.43 1,500.67 1,904.22

Minor International 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 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 370.67 541.67 507.63 477.70 419.22

Competitive Comparison of Minor International PCL's Gross Profit

For the Lodging subindustry, Minor International 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.


Minor International PCL's Gross Profit Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Minor International PCL's Gross Profit distribution charts can be found below:

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



Minor International PCL Gross Profit Calculation

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

Minor International 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
=4269.16 - 2364.94
=1,904

Minor International 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
=1015.932 - 596.717
=419

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 $1,946 Mil.

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

Minor International 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
=419 / 1015.932
=41.26 %

* 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.


Minor International PCL  (OTCPK:MNRIF) 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

Minor International PCL had a gross margin of 41.26% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Minor International PCL Gross Profit Related Terms

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Minor International PCL (Minor International PCL) Business Description

Traded in Other Exchanges
Address
Ratchadaphisek Road, 12th Floor, 88 The Parq Building, Klongtoey Subdistrict, Klongtoey District, Bangkok, THA, 10110
Minor International PCL operates hotels, restaurants, and several smaller businesses. The company operates in four segments: Hotel, with properties in Europe, Thailand, and Latin America; Restaurant, with locations primarily in Thailand, China, and Australia; Retail, which offers a wide range of high-end clothing and consumer products through stores and e-commerce in Thailand; and Mixed-Use. Most of its revenue comes from European hotels. A sizable portion of sales also comes from the restaurant segment in Thailand.

Minor International PCL (Minor International PCL) Headlines

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