GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Dubai Refreshments PSC (DFM:DRC) » Definitions » Retained Earnings

Dubai Refreshments PSC (DFM:DRC) Retained Earnings : د.إ435.1 Mil (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Dubai Refreshments PSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dubai Refreshments PSC's retained earnings for the quarter that ended in Dec. 2023 was د.إ435.1 Mil.

Dubai Refreshments PSC's quarterly retained earnings increased from Jun. 2023 (د.إ364.4 Mil) to Sep. 2023 (د.إ408.1 Mil) and increased from Sep. 2023 (د.إ408.1 Mil) to Dec. 2023 (د.إ435.1 Mil).

Dubai Refreshments PSC's annual retained earnings increased from Dec. 2021 (د.إ102.1 Mil) to Dec. 2022 (د.إ140.5 Mil) and increased from Dec. 2022 (د.إ140.5 Mil) to Dec. 2023 (د.إ435.1 Mil).


Dubai Refreshments PSC Retained Earnings Historical Data

The historical data trend for Dubai Refreshments PSC'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.

Dubai Refreshments PSC Retained Earnings Chart

Dubai Refreshments PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.81 72.48 102.07 140.52 435.10

Dubai Refreshments PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 140.52 103.79 364.38 408.07 435.10

Dubai Refreshments PSC 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.


Dubai Refreshments PSC  (DFM:DRC) 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.


Dubai Refreshments PSC (DFM:DRC) Business Description

Traded in Other Exchanges
N/A
Address
Dubai Investment Park 2, Street 49, P.O Box 420, Dubai, ARE
Dubai Refreshments PSC is operating in the refreshments industry engaged in the canning, bottling, distribution, and trading of soft drinks and related beverages products. The Company is engaged in bottling and selling Pepsi Cola International products in Dubai, Sharjah, and the other Northern Emirates of UAE. The Company also exports Pepsi Cola International products from time to time to foreign countries after obtaining authorization from Pepsi Cola International. The Company holds 7Up and Aquafina bottling and selling rights for the whole of the UAE.

Dubai Refreshments PSC (DFM:DRC) Headlines

No Headlines