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Kim Teck Cheong Consolidated Bhd (XKLS:0180) Retained Earnings : RM106 Mil (As of Dec. 2024)


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What is Kim Teck Cheong Consolidated Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kim Teck Cheong Consolidated Bhd's retained earnings for the quarter that ended in Dec. 2024 was RM106 Mil.

Kim Teck Cheong Consolidated Bhd's quarterly retained earnings increased from Jun. 2024 (RM97 Mil) to Sep. 2024 (RM103 Mil) and increased from Sep. 2024 (RM103 Mil) to Dec. 2024 (RM106 Mil).

Kim Teck Cheong Consolidated Bhd's annual retained earnings increased from Jun. 2022 (RM59 Mil) to Jun. 2023 (RM80 Mil) and increased from Jun. 2023 (RM80 Mil) to Jun. 2024 (RM97 Mil).


Kim Teck Cheong Consolidated Bhd Retained Earnings Historical Data

The historical data trend for Kim Teck Cheong Consolidated 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.

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Kim Teck Cheong Consolidated Bhd Retained Earnings Chart

Kim Teck Cheong Consolidated Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.76 38.23 58.63 80.43 96.84

Kim Teck Cheong Consolidated Bhd Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 88.72 93.19 96.84 102.85 106.41

Kim Teck Cheong Consolidated 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.


Kim Teck Cheong Consolidated Bhd  (XKLS:0180) 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.


Kim Teck Cheong Consolidated Bhd Business Description

Traded in Other Exchanges
N/A
Address
Lot 73, Jalan Kilang, SEDCO Light Industrial Estate, Mile 5 1/2, Jalan Tuaran, Kota Kinabalu, SBH, MYS, 88450
Kim Teck Cheong Consolidated Bhd is engaged in the distribution and warehousing services of third party consumer packaged goods in East Malaysia. It is also engaged in the manufacturing of bakery products under its brand Creamos. The operating segments of the company consist of Distribution, Manufacturing, and Others. It distributes and sells products through retail outlets, hypermarkets, supermarkets, sundry shops, convenience stores, petrol kiosk, Chinese medical halls and school canteens. The company generates maximum revenue from the Distribution segment.

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