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Promotion and Development (XMAU:PAD.N0000) Retained Earnings : MUR6,141.1 Mil (As of Sep. 2024)


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What is Promotion and Development Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Promotion and Development's retained earnings for the quarter that ended in Sep. 2024 was MUR6,141.1 Mil.

Promotion and Development's quarterly retained earnings increased from Mar. 2024 (MUR5,496.2 Mil) to Jun. 2024 (MUR6,035.2 Mil) and increased from Jun. 2024 (MUR6,035.2 Mil) to Sep. 2024 (MUR6,141.1 Mil).

Promotion and Development's annual retained earnings increased from Jun. 2022 (MUR4,714.7 Mil) to Jun. 2023 (MUR5,295.1 Mil) and increased from Jun. 2023 (MUR5,295.1 Mil) to Jun. 2024 (MUR6,035.2 Mil).


Promotion and Development Retained Earnings Historical Data

The historical data trend for Promotion and Development'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.

Promotion and Development Retained Earnings Chart

Promotion and Development 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 3,770.60 3,904.73 4,714.75 5,295.14 6,035.18

Promotion and Development 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 5,437.78 5,512.89 5,496.20 6,035.18 6,141.14

Promotion and Development 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.


Promotion and Development  (XMAU:PAD.N0000) 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.


Promotion and Development Business Description

Traded in Other Exchanges
N/A
Address
Dias Pier, Le Caudan Waterfront, 8th Floor, Port Louis, MUS
Promotion and Development Ltd is an investment company. Its business activity consists of investments in shares, property development, and the supply and provision of services associated with such activities. The company's three segments include Property: Rental income, income from other operating activities, Shares; Dividend Income; and Security: Security and property protection services and sales of equipment. The company earns majority of its revenue from Property segment.

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