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Thessaloniki Port Authority (ATH:OLTH) Retained Earnings : €83.48 Mil (As of Dec. 2023)


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What is Thessaloniki Port Authority Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thessaloniki Port Authority's retained earnings for the quarter that ended in Dec. 2023 was €83.48 Mil.

Thessaloniki Port Authority's quarterly retained earnings declined from Dec. 2022 (€78.06 Mil) to Jun. 2023 (€71.82 Mil) but then increased from Jun. 2023 (€71.82 Mil) to Dec. 2023 (€83.48 Mil).

Thessaloniki Port Authority's annual retained earnings increased from Dec. 2021 (€73.69 Mil) to Dec. 2022 (€78.06 Mil) and increased from Dec. 2022 (€78.06 Mil) to Dec. 2023 (€83.48 Mil).


Thessaloniki Port Authority Retained Earnings Historical Data

The historical data trend for Thessaloniki Port Authority's Retained Earnings 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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Thessaloniki Port Authority Retained Earnings Chart

Thessaloniki Port Authority Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 131.00 138.43 73.69 78.06 83.48

Thessaloniki Port Authority Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings 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 73.69 68.13 78.06 71.82 83.48

Thessaloniki Port Authority Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Thessaloniki Port Authority  (ATH:OLTH) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Thessaloniki Port Authority (ATH:OLTH) Business Description

Traded in Other Exchanges
Address
?'provlita Limenos Thessalonikis, P.O. B?x 10467, Thessaloniki, GRC, 54110
Thessaloniki Port Authority SA is a shipping company based in Greece. It manages the port of Thessaloniki and provides ship berthing, anchoring, mooring, loading, unloading and cargo handling and passenger services along with add-on services like water, electricity, telephone connections, The company's operational areas are categorized into four, which are vessels, containers, event halls and parking services. Most of its revenues are obtained from its container and vessel operations catering to industries, shipping agents, container transportation companies, and freight transport companies. The Event halls are another aspect of its service area, wherein the company provides premises to host multipurpose activities.

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