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Afric Industries (CAS:AFI) Research & Development : MAD0.00 Mil (TTM As of Dec. 2023)


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What is Afric Industries Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Afric Industries's Research & Development for the six months ended in Dec. 2023 was MAD0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was MAD0.00 Mil.


Afric Industries Research & Development Historical Data

The historical data trend for Afric Industries's Research & Development 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.

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Afric Industries Research & Development Chart

Afric Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Afric Industries Semi-Annual Data
Jun14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Afric Industries Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was MAD0.00 Mil.

* 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.


Afric Industries  (CAS:AFI) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Afric Industries Research & Development Related Terms

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Afric Industries (CAS:AFI) Business Description

Traded in Other Exchanges
N/A
Address
Route de Tetouan, Lot 107, Zone Industrielle, Tangier, MAR, BP 368
Afric Industries SA is engaged in the development, production and marketing of abrasive products of all shapes and contents. It is also engaged in the manufacturing and sale of tapes and adhesive and self-adhesive tapes; manufacturing, assembling, glazing, installation and marketing of all types of joinery and finished aluminum products and other materials; purchase, sale, import, export, manufacturing, processing, assembly, installation laying of all equipments, materials, tools, accessories, raw materials and spare parts.

Afric Industries (CAS:AFI) Headlines

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