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Gul Ahmed Textile Mills (KAR:GATM) Retained Earnings : ₨0 Mil (As of Mar. 2024)


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What is Gul Ahmed Textile Mills Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gul Ahmed Textile Mills's retained earnings for the quarter that ended in Mar. 2024 was ₨0 Mil.

Gul Ahmed Textile Mills's quarterly retained earnings declined from Sep. 2023 (₨4,695 Mil) to Dec. 2023 (₨0 Mil) but then stayed the same from Dec. 2023 (₨0 Mil) to Mar. 2024 (₨0 Mil).

Gul Ahmed Textile Mills's annual retained earnings increased from Jun. 2021 (₨13,845 Mil) to Jun. 2022 (₨23,534 Mil) and increased from Jun. 2022 (₨23,534 Mil) to Jun. 2023 (₨27,150 Mil).


Gul Ahmed Textile Mills Retained Earnings Historical Data

The historical data trend for Gul Ahmed Textile Mills'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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Gul Ahmed Textile Mills Retained Earnings Chart

Gul Ahmed Textile Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10,607.63 9,091.22 13,845.03 23,534.29 27,150.40

Gul Ahmed Textile Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26,838.11 27,150.40 4,694.51 - -

Gul Ahmed Textile Mills 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.


Gul Ahmed Textile Mills  (KAR:GATM) 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.


Gul Ahmed Textile Mills (KAR:GATM) Business Description

Traded in Other Exchanges
N/A
Address
Plot No.H-7, Landhi Industrial Area, Landhi, Karachi, SD, PAK, 75120
Gul Ahmed Textile Mills Ltd is engaged in the manufacturing and selling of textile products. The company's segments are Spinning which includes the production of different yarn using natural and artificial fibers, Weaving segment caters to in-house requirements for home textile, retail and distribution, and apparel division, Retail and Distribution segment is involved in retail sales through a chain of IDEAS retails outlets and its distribution channels. and Processing, Home Textile and Apparel segment deals in processing greige fabrics into various types of finished fabrics. It generates a majority of its revenue from the Home Textile segment.

Gul Ahmed Textile Mills (KAR:GATM) Headlines

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