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Golden Harvest Agro Industries (DHA:GHAIL) Retained Earnings : BDT491 Mil (As of Dec. 2023)


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What is Golden Harvest Agro Industries Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Golden Harvest Agro Industries's retained earnings for the quarter that ended in Dec. 2023 was BDT491 Mil.

Golden Harvest Agro Industries's quarterly retained earnings increased from Jun. 2023 (BDT517 Mil) to Sep. 2023 (BDT520 Mil) but then declined from Sep. 2023 (BDT520 Mil) to Dec. 2023 (BDT491 Mil).

Golden Harvest Agro Industries's annual retained earnings declined from Jun. 2021 (BDT688 Mil) to Jun. 2022 (BDT548 Mil) and declined from Jun. 2022 (BDT548 Mil) to Jun. 2023 (BDT517 Mil).


Golden Harvest Agro Industries Retained Earnings Historical Data

The historical data trend for Golden Harvest Agro Industries'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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Golden Harvest Agro Industries Retained Earnings Chart

Golden Harvest Agro Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 951.63 865.26 687.92 547.73 516.63

Golden Harvest Agro Industries 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 540.81 525.31 516.63 519.61 491.25

Golden Harvest Agro Industries 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.


Golden Harvest Agro Industries  (DHA:GHAIL) 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.


Golden Harvest Agro Industries (DHA:GHAIL) Business Description

Traded in Other Exchanges
N/A
Address
186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan I/A, Dhaka, BGD, 1208
Golden Harvest Agro Industries Ltd engages in owning and controlling the frozen food processing plant. The company offers frozen food products of vegetables, ready to eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing and selling. The company has three segments frozen snacks and dairy, majority of its revenue is derived from frozen snacks segment.

Golden Harvest Agro Industries (DHA:GHAIL) Headlines

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