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Straits Energy Resources Bhd (XKLS:0080) Retained Earnings : RM17 Mil (As of Mar. 2024)


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What is Straits Energy Resources Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Straits Energy Resources Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM17 Mil.

Straits Energy Resources Bhd's quarterly retained earnings increased from Sep. 2023 (RM11 Mil) to Dec. 2023 (RM17 Mil) and increased from Dec. 2023 (RM17 Mil) to Mar. 2024 (RM17 Mil).

Straits Energy Resources Bhd's annual retained earnings increased from Dec. 2021 (RM5 Mil) to Dec. 2022 (RM9 Mil) and increased from Dec. 2022 (RM9 Mil) to Dec. 2023 (RM17 Mil).


Straits Energy Resources Bhd Retained Earnings Historical Data

The historical data trend for Straits Energy Resources 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.

Straits Energy Resources Bhd Retained Earnings Chart

Straits Energy Resources Bhd 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 6.27 9.83 5.31 8.89 16.71

Straits Energy Resources Bhd 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 6.44 10.68 11.38 16.71 17.18

Straits Energy Resources 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.


Straits Energy Resources Bhd  (XKLS:0080) 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.


Straits Energy Resources Bhd (XKLS:0080) Business Description

Traded in Other Exchanges
N/A
Address
2, Jalan Kiara, Mont Kiara, B-07-06, Plaza Mont Kiara, Kuala Lumpur, SGR, MYS, 50480
Straits Energy Resources Bhd is a Malaysia-based investment holding company engaged in oil trading and bunkering. Along with its subsidiaries, the entity is involved in the segments of Investment holding; Oil trading and bunkering services; Ship management services; Chartering services, Inland transportation services; Port operation and facility management services; and Others. It derives prime revenue from the Oil trading, bunkering services, and freshwater service segment which involves the international supply of petroleum products and the provision of marine bunkering and related services to vessels. Its geographic operations are located in Malaysia and Singapore.

Straits Energy Resources Bhd (XKLS:0080) Headlines

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