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Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Retained Earnings : ฿71.2 Mil (As of Mar. 2024)


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What is Prospect Logistics and Industrial Freehold and Leasehold REIT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Prospect Logistics and Industrial Freehold and Leasehold REIT's retained earnings for the quarter that ended in Mar. 2024 was ฿71.2 Mil.

Prospect Logistics and Industrial Freehold and Leasehold REIT's quarterly retained earnings declined from Sep. 2023 (฿116.6 Mil) to Dec. 2023 (฿81.8 Mil) and declined from Dec. 2023 (฿81.8 Mil) to Mar. 2024 (฿71.2 Mil).

Prospect Logistics and Industrial Freehold and Leasehold REIT's annual retained earnings increased from Dec. 2021 (฿82.3 Mil) to Dec. 2022 (฿108.3 Mil) but then declined from Dec. 2022 (฿108.3 Mil) to Dec. 2023 (฿81.8 Mil).


Prospect Logistics and Industrial Freehold and Leasehold REIT Retained Earnings Historical Data

The historical data trend for Prospect Logistics and Industrial Freehold and Leasehold REIT'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.

* Premium members only.

Prospect Logistics and Industrial Freehold and Leasehold REIT Retained Earnings Chart

Prospect Logistics and Industrial Freehold and Leasehold REIT Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
69.82 82.26 108.31 81.77

Prospect Logistics and Industrial Freehold and Leasehold REIT Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 82.12 115.08 116.61 81.77 71.18

Prospect Logistics and Industrial Freehold and Leasehold REIT 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.


Prospect Logistics and Industrial Freehold and Leasehold REIT  (BKK:PROSPECT) 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.


Prospect Logistics and Industrial Freehold and Leasehold REIT (BKK:PROSPECT) Business Description

Traded in Other Exchanges
N/A
Address
Surawong Road, No.345, Surawong Building, 5th Floor, Suriyawong Subdistrict, Bangrak, Bangkok, THA, 10500
Prospect Logistics and Industrial Freehold and Leasehold REIT is a real estate investment trust operating as a close end trust. The company sublease rights of land and properties of Bangkok Free Trade Zone project which includes warehouses and factories for rent.

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