GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Gas Malaysia Bhd (XKLS:5209) » Definitions » Net Income

Gas Malaysia Bhd (XKLS:5209) Net Income : RM391 Mil (TTM As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Gas Malaysia 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. Gas Malaysia Bhd's Net Income for the three months ended in Mar. 2024 was RM103 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2024 was RM391 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Gas Malaysia Bhd's Earnings per Share (Diluted) for the three months ended in Mar. 2024 was RM0.08.


Gas Malaysia Bhd Net Income Historical Data

The historical data trend for Gas Malaysia 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.

Gas Malaysia Bhd Net Income Chart

Gas Malaysia Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 190.11 212.62 249.62 389.54 383.40

Gas Malaysia Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 95.10 97.81 86.16 104.33 102.63

Gas Malaysia 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

Gas Malaysia Bhd's Net Income for the fiscal year that ended in Dec. 2023 is calculated as

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=518.608+-135.209+0+5.6843418860808E-14
=383

Gas Malaysia Bhd's Net Income for the quarter that ended in Mar. 2024 is calculated as

Net Income(Q: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=136.586+-33.952+0+-1.4210854715202E-14
=103

Net Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was RM391 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.


Gas Malaysia Bhd  (XKLS:5209) 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:

Gas Malaysia Bhd's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 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.


Gas Malaysia Bhd Net Income Related Terms

Thank you for viewing the detailed overview of Gas Malaysia Bhd's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Gas Malaysia Bhd (XKLS:5209) Business Description

Traded in Other Exchanges
N/A
Address
Number 5, Jalan Serendah 26/17, Seksyen 26, Shah Alam, SGR, MYS, 40732
Gas Malaysia Bhd is a Malaysian gas utility company of which the shareholder is the state-owned Malaysian energy corporation, Petronas. Gas Malaysia is involved in the distribution and sale of natural gas and liquefied petroleum gas (LPG) within the Natural Gas Distribution System in Peninsular Malaysia. The company segments its operations into Natural Gas and LPG and Others. Nearly all of Gas Malaysia's revenue is derived from its Natural Gas and LPG division. Within this unit, the sale of natural gas generates the vast majority of revenue. Malaysia Gas also receives revenue from sales of LPG, the construction of pipelines, and pipeline usage tolling fees. While the company serves a variety of industrial and commercial consumers, its customers are residential entities.

Gas Malaysia Bhd (XKLS:5209) Headlines

No Headlines