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TAS Offshore Bhd (XKLS:5149) Net Income : RM20.6 Mil (TTM As of Nov. 2024)


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What is TAS Offshore 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. TAS Offshore Bhd's Net Income for the three months ended in Nov. 2024 was RM9.4 Mil. Its Net Income for the trailing twelve months (TTM) ended in Nov. 2024 was RM20.6 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. TAS Offshore Bhd's Earnings per Share (Diluted) for the three months ended in Nov. 2024 was RM0.05.


TAS Offshore Bhd Net Income Historical Data

The historical data trend for TAS Offshore 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.

TAS Offshore Bhd Net Income Chart

TAS Offshore Bhd Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -74.91 1.89 -1.52 15.28 9.66

TAS Offshore Bhd Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Net Income 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 4.52 6.06 -0.83 5.97 9.40

TAS Offshore 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

TAS Offshore Bhd's Net Income for the fiscal year that ended in May. 2024 is calculated as

Net Income(A: May. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=12.8+-3.136+0+-1.7763568394003E-15
=9.7

TAS Offshore Bhd's Net Income for the quarter that ended in Nov. 2024 is calculated as

Net Income(Q: Nov. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=12.262+-2.863+0+-1.7763568394003E-15
=9.4

Net Income for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM20.6 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.


TAS Offshore Bhd  (XKLS:5149) 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:

TAS Offshore Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Nov. 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.


TAS Offshore Bhd Net Income Related Terms

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TAS Offshore Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 199, Sungai Ma’aw Road, P.O. Box 920, Sungai Bidut, Sibu, SWK, MYS, 96000
TAS Offshore Bhd is engaged in the shipbuilding business. The company's shipbuilding activities include Hull and superstructure construction; Propulsion and power system installation; Communication, navigation and surveillance systems installation; Machinery and equipment installation; Interior fit-out; Painting and Vessel testing and commissioning. Its only operating segment being shipbuilding, ship repairing and vessel chartering activities. Geographically, it operates in Malaysia, Indonesia and Singapore. It derives maximum revenue from Indonesia.

TAS Offshore Bhd Headlines

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