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PT Venteny Fortuna International Tbk (ISX:VTNY) Retained Earnings : Rp5,579 Mil (As of Sep. 2024)


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What is PT Venteny Fortuna International Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Venteny Fortuna International Tbk's retained earnings for the quarter that ended in Sep. 2024 was Rp5,579 Mil.

PT Venteny Fortuna International Tbk's quarterly retained earnings declined from Mar. 2024 (Rp5,944 Mil) to Jun. 2024 (Rp5,807 Mil) and declined from Jun. 2024 (Rp5,807 Mil) to Sep. 2024 (Rp5,579 Mil).

PT Venteny Fortuna International Tbk's annual retained earnings increased from Dec. 2021 (Rp357 Mil) to Dec. 2022 (Rp985 Mil) and increased from Dec. 2022 (Rp985 Mil) to Dec. 2023 (Rp2,104 Mil).


PT Venteny Fortuna International Tbk Retained Earnings Historical Data

The historical data trend for PT Venteny Fortuna International Tbk'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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PT Venteny Fortuna International Tbk Retained Earnings Chart

PT Venteny Fortuna International Tbk Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
356.72 985.29 2,103.56

PT Venteny Fortuna International Tbk Quarterly Data
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 6,072.92 2,103.56 5,943.97 5,806.68 5,579.46

PT Venteny Fortuna International Tbk 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.


PT Venteny Fortuna International Tbk  (ISX:VTNY) 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.


PT Venteny Fortuna International Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Jend. Sudirman Kav. 29-31, World Trade Centre (WTC) 5, 13th Floor, Jakarta Selatan, Jakarta, IDN, 12920
PT Venteny Fortuna International Tbk provides growth funding and human resource services. It creates technological innovations to meet employee needs through increasing employee happiness and employee engagement. The company's segment includes Other Financial Services and Other. It generates maximum revenue from the Other Financial Services segment. Income from other financial services consist of interest, administration, commissions and penalties.

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