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MJL Bangladesh (DHA:MJLBD) Net Income : BDT3,361 Mil (TTM As of Mar. 2024)


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What is MJL Bangladesh Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. MJL Bangladesh's Net Income for the three months ended in Mar. 2024 was BDT528 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was BDT3,361 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. MJL Bangladesh's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was BDT1.67.


MJL Bangladesh Net Income Historical Data

The historical data trend for MJL Bangladesh's Net Income 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.

MJL Bangladesh Net Income Chart

MJL Bangladesh Annual Data
Trend Dec13 Dec14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,107.62 1,845.36 2,497.28 1,883.08 2,769.00

MJL Bangladesh Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Income 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 412.09 1,163.09 906.21 763.43 528.06

MJL Bangladesh Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

MJL Bangladesh's Net Income for the fiscal year that ended in Jun. 2023 is calculated as

Net Income(A: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=3178.899+-409.895+0+0
=2,769

MJL Bangladesh's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=702.489+-174.425+0+-1.1368683772162E-13
=528

Net Income 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 BDT3,361 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.


MJL Bangladesh  (DHA:MJLBD) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

MJL Bangladesh's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2024 is calculated as

* 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.

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.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


MJL Bangladesh Net Income Related Terms

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MJL Bangladesh (DHA:MJLBD) Business Description

Traded in Other Exchanges
N/A
Address
Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212
MJL Bangladesh PLC is engaged in the process, manufacture trade of lubricants, blending, marketing of lubricants and grease products. the company has bifurcated the revenues in Oil Tanker, the Manufacturing Unit, which generates the majority of revenue, and Trading Unit. Its automotive lubricants include Car Engine Oils, Motorcycle Engine Oils, Bus & Truck Engine Oils, Gear Oils, and Others. It also produces Industrial & Specialty Lubricants which includes Greases, Compressor Oils, Aviation Products, and others. It serves various industries, some of which include agriculture, automotive, construction, natural gas, and commercial industries. The majority of the revenue is generated from the domestic market but the company also exports some of its products in the International market.

MJL Bangladesh (DHA:MJLBD) Headlines

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