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Elridge Energy Holdings Bhd (XKLS:0318) Net Income : RM41.2 Mil (TTM As of Dec. 2024)


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What is Elridge Energy Holdings 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. Elridge Energy Holdings Bhd's Net Income for the six months ended in Dec. 2024 was RM41.2 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was RM41.2 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Elridge Energy Holdings Bhd's Earnings per Share (Diluted) for the six months ended in Dec. 2024 was RM0.02.


Elridge Energy Holdings Bhd Net Income Historical Data

The historical data trend for Elridge Energy Holdings 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.

Elridge Energy Holdings Bhd Net Income Chart

Elridge Energy Holdings Bhd Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Net Income
1.74 6.29 23.57 41.17

Elridge Energy Holdings Bhd Semi-Annual Data
Dec21 Dec22 Dec23 Dec24
Net Income 1.74 6.29 23.57 41.17

Elridge Energy Holdings 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

Elridge Energy Holdings Bhd's Net Income for the fiscal year that ended in Dec. 2024 is calculated as

Net Income(A: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=56.354+-15.189+0+0
=41.2

Elridge Energy Holdings Bhd's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=56.354+-15.189+0+0
=41.2

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was RM41.2 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.


Elridge Energy Holdings Bhd  (XKLS:0318) 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:

Elridge Energy Holdings Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 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.


Elridge Energy Holdings Bhd Net Income Related Terms

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Elridge Energy Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
61-2, Jalan Radin Tengah, Bandar Baru Sri Petaling, Kuala Lumpur, SGR, MYS, 57000
Elridge Energy Holdings Bhd is principally involved in the manufacturing and trading of biomass fuel products, particularly PKS and wood pellets. Biomass fuel products are energy sources derived from organic materials, that are burned or combusted to generate heat or electricity. PKS is a form of biomass fuel product that is derived from the shell fractions left after oil is extracted from palm kernels. Meanwhile, wood pellets are a form of biomass fuel products produced from sawdust, wood chips, offcut and wood slabs, which are industrial wastes from timber milling.

Elridge Energy Holdings Bhd Headlines

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