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Amtel Holdings Bhd (XKLS:7031) Retained Earnings : RM34.36 Mil (As of Feb. 2024)


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What is Amtel Holdings Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Amtel Holdings Bhd's retained earnings for the quarter that ended in Feb. 2024 was RM34.36 Mil.

Amtel Holdings Bhd's quarterly retained earnings increased from Aug. 2023 (RM31.06 Mil) to Nov. 2023 (RM32.85 Mil) and increased from Nov. 2023 (RM32.85 Mil) to Feb. 2024 (RM34.36 Mil).

Amtel Holdings Bhd's annual retained earnings increased from Nov. 2021 (RM0.00 Mil) to Nov. 2022 (RM27.23 Mil) and increased from Nov. 2022 (RM27.23 Mil) to Nov. 2023 (RM32.85 Mil).


Amtel Holdings Bhd Retained Earnings Historical Data

The historical data trend for Amtel Holdings Bhd'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.

Amtel Holdings Bhd Retained Earnings Chart

Amtel Holdings Bhd Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.53 21.59 - 27.23 32.85

Amtel Holdings Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 28.64 29.64 31.06 32.85 34.36

Amtel Holdings Bhd 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.


Amtel Holdings Bhd  (XKLS:7031) 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.


Amtel Holdings Bhd (XKLS:7031) Business Description

Traded in Other Exchanges
N/A
Address
No. 12, Jalan Pensyarah U1/28, Level 3, Wisma Amtel, Hicom Glenmarie Industrial Park, Shah Alam, SGR, MYS, 40150
Amtel Holdings Bhd is an investment holding company, which is engaged in the provision of management services. The business activity of the group is operated through various segments which include Information and Communication Technology, Telecommunications, Infrastructure and Services and Other Segment. The Information and Communication Technology account for the majority of revenue. The Information and Communication Technology segment is involved in providing navigation products and services, Geographical Information System (GIS) development and research businesses. Geographically, the operation of the group function only in Malaysia.

Amtel Holdings Bhd (XKLS:7031) Headlines

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