Golden Land Bhd (XKLS:7382) Retained Earnings : RM274.6 Mil (As of Sep. 2024)

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What is Golden Land Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Golden Land Bhd's retained earnings for the quarter that ended in Sep. 2024 was RM274.6 Mil.

Golden Land Bhd's quarterly retained earnings declined from Mar. 2024 (RM278.8 Mil) to Jun. 2024 (RM273.8 Mil) but then increased from Jun. 2024 (RM273.8 Mil) to Sep. 2024 (RM274.6 Mil).

Golden Land Bhd's annual retained earnings declined from Jun. 2022 (RM303.1 Mil) to Jun. 2023 (RM289.7 Mil) and declined from Jun. 2023 (RM289.7 Mil) to Jun. 2024 (RM273.8 Mil).

Golden Land Bhd Retained Earnings Historical Data

The historical data trend for Golden Land 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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Golden Land Bhd Retained Earnings Chart

Golden Land Bhd Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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344.18

325.28

303.11

289.73

273.84

Golden Land 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															282.86	281.69	278.81	273.84	274.64

Golden Land 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.

Golden Land Bhd (XKLS:7382) 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.

Golden Land Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden Land Bhd (XKLS:7382) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Jalan SS16/1, A-09-03, Empire Tower, Empire Subang, Subang Jaya, SGR, MYS, 47500

Website

https://www.glbhd.com

Golden Land Bhd is an investment holding company. The company along with its subsidiaries, is engaged in the provision of general contract and civil works, property development and construction, cultivation of oil palm, investment holding, providing management services, and real estate management. Its reportable operating segments are Plantation, Property Development, and Others. A majority of its revenue is generated from the Property development segment which is engaged in residential, commercial, and mixed property development. Geographically, it derives its maximum revenue from Malaysia and the rest from Indonesia.

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