Able Global Bhd
KLSE:ABLEGLOB
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Gross Margin
Able Global Bhd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | MY |
Market Cap | 599.7m MYR |
Gross Margin |
25%
|
Country | JP |
Market Cap | 53.2T JPY |
Gross Margin |
34%
|
Country | CH |
Market Cap | 195.4B CHF |
Gross Margin |
47%
|
Country | US |
Market Cap | 86.1B USD |
Gross Margin |
39%
|
Country | FR |
Market Cap | 42.1B EUR |
Gross Margin |
48%
|
Country | ZA |
Market Cap | 39B Zac |
Gross Margin |
28%
|
Country | US |
Market Cap | 38.5B USD |
Gross Margin |
35%
|
Country | ZA |
Market Cap | 36.4B Zac |
Gross Margin |
42%
|
Country | US |
Market Cap | 36.1B USD |
Gross Margin |
35%
|
Country | US |
Market Cap | 35.4B USD |
Gross Margin |
44%
|
Country | CN |
Market Cap | 241.4B CNY |
Gross Margin |
35%
|
Able Global Bhd
Glance View
Able Global Bhd.is an investment holding company, which engages in the manufacture of various tins, cans, other containers, tinplate printing, and the production and sale of milk and related dairy products. The company is headquartered in Johor Bahru, Johor. The company went IPO on 2003-10-31. The firm operates through three segments: Investment Holding, Tin Manufacturing, and Food and Beverage. The Investment Holding segment is involved in the business of investment holding and provision of management services. The Tin Manufacturing segment is involved in the manufacturing of various tins, cans, and other containers. The Food and Beverage segment is involved in the manufacturing and selling of milk and other related dairy products, as well as packing and trading of all types of dairy products. For Tin Cans segment, the customers are locally based, and its customer base consists of various industries, mainly in biscuit, paint and chemical, edible oil and food processing industries. Its dairy products are exported, mainly to West Africa, South-East Asia Region and American Continent.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Able Global Bhd's most recent financial statements, the company has Gross Margin of 24.9%.