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Land & General Bhd (XKLS:3174) Retained Earnings : RM446.0 Mil (As of Sep. 2024)


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What is Land & General Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Land & General Bhd's retained earnings for the quarter that ended in Sep. 2024 was RM446.0 Mil.

Land & General Bhd's quarterly retained earnings increased from Mar. 2024 (RM460.5 Mil) to Jun. 2024 (RM464.6 Mil) but then declined from Jun. 2024 (RM464.6 Mil) to Sep. 2024 (RM446.0 Mil).

Land & General Bhd's annual retained earnings increased from Mar. 2022 (RM443.2 Mil) to Mar. 2023 (RM455.0 Mil) and increased from Mar. 2023 (RM455.0 Mil) to Mar. 2024 (RM460.5 Mil).


Land & General Bhd Retained Earnings Historical Data

The historical data trend for Land & General 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.

Land & General Bhd Retained Earnings Chart

Land & General Bhd Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 407.93 438.39 443.19 455.05 460.52

Land & General Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 457.99 463.30 460.52 464.63 445.98

Land & General 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.


Land & General Bhd  (XKLS:3174) 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.


Land & General Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Cempaka SD 12/5, 8trium, Level 21, Menara 1, Bandar Sri Damansara, Kuala Lumpur, SGR, MYS, 52200
Land & General Bhd is an investment holding, leasing of assets, and provision of management services. Its operating segment includes Property Development; Education; and Others. It generates maximum revenue from the Property development segment which engaged in the development of residential and commercial properties. The Education segment is engaged in the operation of co-education schooling from kindergarten to secondary education. Geographically, it derives a majority of its revenue from Malaysia and also has a presence in Australia.

Land & General Bhd Headlines

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