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Les Moulins de la Concorde LTTE (XMAU:LMLC.I0000) Retained Earnings : MUR816 Mil (As of Sep. 2024)


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What is Les Moulins de la Concorde LTTE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Les Moulins de la Concorde LTTE's retained earnings for the quarter that ended in Sep. 2024 was MUR816 Mil.

Les Moulins de la Concorde LTTE's quarterly retained earnings increased from Mar. 2024 (MUR785 Mil) to Jun. 2024 (MUR793 Mil) and increased from Jun. 2024 (MUR793 Mil) to Sep. 2024 (MUR816 Mil).

Les Moulins de la Concorde LTTE's annual retained earnings increased from Jun. 2022 (MUR506 Mil) to Jun. 2023 (MUR654 Mil) and increased from Jun. 2023 (MUR654 Mil) to Jun. 2024 (MUR793 Mil).


Les Moulins de la Concorde LTTE Retained Earnings Historical Data

The historical data trend for Les Moulins de la Concorde LTTE'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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Les Moulins de la Concorde LTTE Retained Earnings Chart

Les Moulins de la Concorde LTTE Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 800.24 466.17 505.83 654.50 792.70

Les Moulins de la Concorde LTTE 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 695.68 729.11 785.29 792.70 816.25

Les Moulins de la Concorde LTTE 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.


Les Moulins de la Concorde LTTE  (XMAU:LMLC.I0000) 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.


Les Moulins de la Concorde LTTE Business Description

Traded in Other Exchanges
Address
Cargo Peninsula, Quay D, Port Louis, MUS, 11610
Les Moulins de la Concorde LTTEis engaged the milling of wheat and its main products, wheat flour and wheat bran which are sold on the local market and exported to the Indian Ocean Islands and other countries. The Company also sells various types of wheat flour in small packs.

Les Moulins de la Concorde LTTE Headlines

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