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Salvo Chemical Industry (DHA:SALVOCHEM) Retained Earnings : BDT405 Mil (As of Dec. 2023)


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What is Salvo Chemical Industry Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Salvo Chemical Industry's retained earnings for the quarter that ended in Dec. 2023 was BDT405 Mil.

Salvo Chemical Industry's quarterly retained earnings increased from Jun. 2023 (BDT320 Mil) to Sep. 2023 (BDT368 Mil) and increased from Sep. 2023 (BDT368 Mil) to Dec. 2023 (BDT405 Mil).

Salvo Chemical Industry's annual retained earnings increased from Jun. 2021 (BDT171 Mil) to Jun. 2022 (BDT291 Mil) and increased from Jun. 2022 (BDT291 Mil) to Jun. 2023 (BDT320 Mil).


Salvo Chemical Industry Retained Earnings Historical Data

The historical data trend for Salvo Chemical Industry'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.

* Premium members only.

Salvo Chemical Industry Retained Earnings Chart

Salvo Chemical Industry Annual Data
Trend Dec12 Dec13 Dec15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 135.96 155.70 171.21 291.23 319.78

Salvo Chemical Industry Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 355.89 318.23 319.78 367.96 405.00

Salvo Chemical Industry 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.


Salvo Chemical Industry  (DHA:SALVOCHEM) 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.


Salvo Chemical Industry (DHA:SALVOCHEM) Business Description

Traded in Other Exchanges
N/A
Address
No. 210-211, Nawabpur Road, Suite number 401, 3rd floor, Dhaka, BGD, 1100
Salvo Chemical Industry Ltd mainly engages in the manufacturing of sulphuric acid and liquid Glucose. In addition to that, the company also produces battery-grade water, Magnesium and zinc sulfate, starch, etc. Sulphuric Acid is used to produce ferrous sulfate, alum, etc, Additionally, it is used in the manufacturing of plasticizers, dyestuffs, explosives, silicate for toothpaste, adhesives, rubbers, edible oils, lubricants, the production of food acids. The segments of the company include Sulphuric Acid and battery-grade water, Starch & by- product, and Liquid Glucose. The majority of revenue is generated from the Starch & by-product segment.

Salvo Chemical Industry (DHA:SALVOCHEM) Headlines

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