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BUJA (Bukit Jalil Global Acquisition 1) Retained Earnings : $-1.38 Mil (As of Jun. 2024)


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What is Bukit Jalil Global Acquisition 1 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bukit Jalil Global Acquisition 1's retained earnings for the quarter that ended in Jun. 2024 was $-1.38 Mil.

Bukit Jalil Global Acquisition 1's quarterly retained earnings stayed the same from Dec. 2023 ($0.00 Mil) to Mar. 2024 ($0.00 Mil) but then declined from Mar. 2024 ($0.00 Mil) to Jun. 2024 ($-1.38 Mil).

Bukit Jalil Global Acquisition 1's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2022 ($-0.02 Mil) and increased from Dec. 2022 ($-0.02 Mil) to Dec. 2023 ($0.00 Mil).


Bukit Jalil Global Acquisition 1 Retained Earnings Historical Data

The historical data trend for Bukit Jalil Global Acquisition 1'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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Bukit Jalil Global Acquisition 1 Retained Earnings Chart

Bukit Jalil Global Acquisition 1 Annual Data
Trend Dec22 Dec23
Retained Earnings
-0.02 -

Bukit Jalil Global Acquisition 1 Quarterly Data
Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial -0.15 - - - -1.38

Bukit Jalil Global Acquisition 1 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.


Bukit Jalil Global Acquisition 1  (NAS:BUJA) 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.


Bukit Jalil Global Acquisition 1 Business Description

Traded in Other Exchanges
N/A
Address
Jalan 3/93, 2 ½ Miles, 31-1 Taman Miharja Phase 3B, Cheras, Kuala Lumpur, SGR, MYS, 55200
Website
Bukit Jalil Global Acquisition 1 Ltd is a blank check company.
Executives
Chyi Chyi Ooi 10 percent owner 88-9-6 KAYANGAN PURI MUTIARA, TANJUNG BUNGAH, PULAU PINANG N8 11200
Bee Lian Ooi director 2-14-1, JLN CEYLON, MENARA BUKIT CEYLON, KUALA LUMPUR N8 50200
Phui Lam Lee director 51, JALAN SELESARIA 4, TAMAN GEMBIRA, KUALA LUMPUR N8 58200
Hamzah Syakir Suwardi Bin director B-46-11, RESIDENSI M VERTICA NO.555, JALAN CHERAS, KUALA LUMPUR, WILAYAH PERSEKUT N8 56000
Seck Chyn Foo director, officer: CEO and CFO 20, JALAN TIARA 7, MUTIARA BUKIT JALIL, KUALA LUMPUR N8 58200
Bukit Jalil Global Investment Ltd. director 31-1 TAMAN MIHARJA PHASE 3B, JALAN 3/93, 2 1/2 MILES, CHERAS, KUALA LUMPUR N8 55200