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KT Medical Service PCL (BKK:KTMS) Retained Earnings : ฿30.8 Mil (As of Sep. 2024)


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What is KT Medical Service PCL Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. KT Medical Service PCL's retained earnings for the quarter that ended in Sep. 2024 was ฿30.8 Mil.

KT Medical Service PCL's quarterly retained earnings increased from Mar. 2024 (฿25.4 Mil) to Jun. 2024 (฿28.0 Mil) and increased from Jun. 2024 (฿28.0 Mil) to Sep. 2024 (฿30.8 Mil).

KT Medical Service PCL's annual retained earnings increased from Dec. 2021 (฿-0.4 Mil) to Dec. 2022 (฿20.6 Mil) and increased from Dec. 2022 (฿20.6 Mil) to Dec. 2023 (฿23.7 Mil).


KT Medical Service PCL Retained Earnings Historical Data

The historical data trend for KT Medical Service PCL'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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KT Medical Service PCL Retained Earnings Chart

KT Medical Service PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-16.35 -0.38 20.55 23.70

KT Medical Service PCL Quarterly Data
Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 20.40 23.70 25.35 28.04 30.77

KT Medical Service PCL 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.


KT Medical Service PCL  (BKK:KTMS) 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.


KT Medical Service PCL Business Description

Traded in Other Exchanges
N/A
Address
95 Soi Ramintra 117, Ramintra Road, Khwaeng Minburi, Khet Minburi, Bangkok, THA, 10510
KT Medical Service PCL is engaged in hemodialysis center, design, assembly and installation of pure water treatment systems and service preventive maintenance of pure water treatment system for the commercial and residential sectors, industrial and original equipment manufacturing of the water system sector, and medical service sector. It has three segments which are the Service of hemodialysis which generates maximum revenue, the Service of design and installation of pure water treatment system and service preventive maintenance of pure water treatment system for medical services, and the Services of design and installation of pneumatic tube system of equipment for medical service. The Group operates in Thailand.

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