GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Perak Corp Bhd (XKLS:8346) » Definitions » Retained Earnings

Perak Bhd (XKLS:8346) Retained Earnings : RM-177.3 Mil (As of Sep. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Perak Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Perak Bhd's retained earnings for the quarter that ended in Sep. 2024 was RM-177.3 Mil.

Perak Bhd's quarterly retained earnings increased from Mar. 2024 (RM-177.6 Mil) to Jun. 2024 (RM-177.4 Mil) and increased from Jun. 2024 (RM-177.4 Mil) to Sep. 2024 (RM-177.3 Mil).

Perak Bhd's annual retained earnings increased from Dec. 2021 (RM-193.9 Mil) to Dec. 2022 (RM-180.6 Mil) and increased from Dec. 2022 (RM-180.6 Mil) to Dec. 2023 (RM-177.7 Mil).


Perak Bhd Retained Earnings Historical Data

The historical data trend for Perak 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.

Perak Bhd Retained Earnings Chart

Perak 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 -86.08 -181.30 -193.92 -180.56 -177.70

Perak 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 -180.26 -177.70 -177.57 -177.44 -177.35

Perak 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.


Perak Bhd  (XKLS:8346) 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.


Perak Bhd Business Description

Traded in Other Exchanges
N/A
Address
Jalan Meru Casuarina, No. 1-A, Blok B, Menara PKNP, Bandar Meru Raya, Ipoh, PRK, MYS, 30020
Perak Corp Bhd is an investment holding company focused on Ports and logistics, Property development, Hospitality and tourism and Management services and others business segments. Ports and logistics segment includes maritime services in respect of the development of an integrated privatised project and encompassing operations of multipurpose port facilities, operation and maintenance of a bulk terminal, sales and rental of port related land and other activities; Property development includes Township development of real property and ancillary services; Hospitality and tourism segment includes Hotelier, restaurateur and theme park; Management services and others includes Provision of management services and other business segments which include property investment and distribution.

Perak Bhd Headlines

No Headlines