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Lambo Group Bhd (XKLS:0018) Retained Earnings : RM-152.77 Mil (As of Mar. 2024)


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What is Lambo Group Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lambo Group Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM-152.77 Mil.

Lambo Group Bhd's quarterly retained earnings declined from Sep. 2023 (RM-145.01 Mil) to Dec. 2023 (RM-147.89 Mil) and declined from Dec. 2023 (RM-147.89 Mil) to Mar. 2024 (RM-152.77 Mil).

Lambo Group Bhd's annual retained earnings declined from Dec. 2018 (RM8.66 Mil) to May. 2021 (RM0.00 Mil) and declined from May. 2021 (RM0.00 Mil) to Sep. 2023 (RM-145.01 Mil).


Lambo Group Bhd Retained Earnings Historical Data

The historical data trend for Lambo Group Bhd'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.

Lambo Group Bhd Retained Earnings Chart

Lambo Group Bhd Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Dec16 Dec17 Dec18 May21 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.33 -8.15 8.66 - -145.01

Lambo Group Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Mar20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 Aug22 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 -148.55 -147.90 -145.01 -147.89 -152.77

Lambo Group Bhd 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.


Lambo Group Bhd  (XKLS:0018) 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.


Lambo Group Bhd (XKLS:0018) Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Persiaran Tropicana, Lot 11.1, 11th Floor, Menara Lien Hoe, Petaling Jaya, SGR, MYS, 47410
Lambo Group Bhd is a Malaysia-based company. Its segments are IT consultancy and E-commerce services, Logistic services, and Wholesale of shoe products. The IT consultancy and E-commerce service segment includes IT services to SMEs and Business to Customer platform e-commerce businesses. The Logistic services segment includes Provision for logistics and delivery of goods from transportation hubs to the final delivery destination. The Wholesale of shoe products segment includes the Provision of wholesale products and Business to Business platform.

Lambo Group Bhd (XKLS:0018) Headlines

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