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Master Tec Group Bhd (XKLS:0295) Net Income : RM24.9 Mil (TTM As of Jun. 2023)


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What is Master Tec Group Bhd 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. Master Tec Group Bhd's Net Income for the six months ended in Jun. 2023 was RM13.6 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2023 was RM24.9 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Master Tec Group Bhd's Earnings per Share (Diluted) for the six months ended in Jun. 2023 was RM0.01.


Master Tec Group Bhd Net Income Historical Data

The historical data trend for Master Tec Group Bhd'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.

Master Tec Group Bhd Net Income Chart

Master Tec Group Bhd Annual Data
Trend Dec20 Dec21 Dec22
Net Income
5.26 5.53 19.56

Master Tec Group Bhd Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Net Income - - 8.24 11.32 13.63

Master Tec Group Bhd 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

Master Tec Group Bhd's Net Income for the fiscal year that ended in Dec. 2022 is calculated as

Net Income(A: Dec. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=26.18+-6.625+0+0
=19.6

Master Tec Group Bhd's Net Income for the quarter that ended in Jun. 2023 is calculated as

Net Income(Q: Jun. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=18.451+-4.819+0+-1.7763568394003E-15
=13.6

Net Income for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was RM24.9 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.


Master Tec Group Bhd  (XKLS:0295) 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:

Master Tec Group Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2023 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.


Master Tec Group Bhd Net Income Related Terms

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Master Tec Group Bhd (XKLS:0295) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
RM1299-A Kawasan, Perindustrian Rembia, Alor Gajah, Melaka, MLA, MYS, 78000
Master Tec Group Bhd is an investment holding company. Through its subsidiary, it is involved in the manufacturing and distribution of power cables, control and instrumentation cables, and other related products, and the trading of power cables, fibre optic cables, and other related products.

Master Tec Group Bhd (XKLS:0295) Headlines

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