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Central Global Bhd (XKLS:8052) Retained Earnings : RM-64.2 Mil (As of Mar. 2024)


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What is Central Global Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Central Global Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM-64.2 Mil.

Central Global Bhd's quarterly retained earnings declined from Sep. 2023 (RM-5.8 Mil) to Dec. 2023 (RM-64.2 Mil) but then increased from Dec. 2023 (RM-64.2 Mil) to Mar. 2024 (RM-64.2 Mil).

Central Global Bhd's annual retained earnings increased from Dec. 2021 (RM-16.0 Mil) to Dec. 2022 (RM-8.5 Mil) but then declined from Dec. 2022 (RM-8.5 Mil) to Dec. 2023 (RM-64.2 Mil).


Central Global Bhd Retained Earnings Historical Data

The historical data trend for Central Global 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.

Central Global Bhd Retained Earnings Chart

Central Global 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 -3.72 -6.75 -16.03 -8.50 -64.23

Central Global 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 -6.45 -6.06 -5.81 -64.23 -64.17

Central Global 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.


Central Global Bhd  (XKLS:8052) 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.


Central Global Bhd (XKLS:8052) Business Description

Traded in Other Exchanges
N/A
Address
Bandar Sri Permaisuri, Jalan 5/106, A5-06 Block A Plaza Dwi Tasik, Kuala Lumpur, MYS, 56000
Central Global Bhd is a manufacturer of industrial tapes and labels stock. These are provided for professional auto spray painting, packing, advertising applications, general labeling, and identification. The group's reportable segment comprises manufacturing and sale of self-adhesive label stocks and tapes, construction contracts, trading, and others. The label products of the company are a mirrokote paper label, art paper label, printing paper label, polyester label, static vinyl label and others. The adhesive tape products include masking tape, painter tape, foam tape, tissue tape, polyester tape, acrylic tape, cloth tape, and others.

Central Global Bhd (XKLS:8052) Headlines

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