Ireka Bhd (XKLS:8834) Retained Earnings : RM-338.33 Mil (As of Sep. 2024)

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What is Ireka Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ireka Bhd's retained earnings for the quarter that ended in Sep. 2024 was RM-338.33 Mil.

Ireka Bhd's quarterly retained earnings declined from Mar. 2024 (RM-317.53 Mil) to Jun. 2024 (RM-334.78 Mil) and declined from Jun. 2024 (RM-334.78 Mil) to Sep. 2024 (RM-338.33 Mil).

Ireka Bhd's annual retained earnings declined from Mar. 2021 (RM-178.84 Mil) to Jun. 2023 (RM-275.59 Mil) and declined from Jun. 2023 (RM-275.59 Mil) to Jun. 2024 (RM-334.78 Mil).

Ireka Bhd Retained Earnings Historical Data

The historical data trend for Ireka 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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Ireka Bhd Retained Earnings Chart

Ireka Bhd Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Jun23

Jun24

Retained Earnings

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-44.35

-160.33

-178.84

-275.59

-334.78

Ireka Bhd Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-279.66	-309.10	-317.53	-334.78	-338.33

Ireka 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.

Ireka Bhd (XKLS:8834) 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.

Ireka Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ireka Corp Bhd (XKLS:8834) » Definitions » Retained Earnings

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Address

No. 1, Jalan Kiara, Mont\' Kiara, Level 18, Wisma Mont\' Kiara, Kuala Lumpur, SGR, MYS, 50480

Website

https://www.ireka.com.my

Ireka Corp Bhd is an investment holding company. Along with its subsidiaries, the company is organized into five reportable businesses, Construction, Property Development, Trading and Services, Property Investment, and Investment Holding. It derives maximum revenue from the Property development segment which is engaged in the development of commercial and residential properties such as residential, hotels, retail, offices, industrial parks, and specialist commercial complexes, and provides other real-estate related services. Geographically, the company predominantly operates in Malaysia.

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