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MN Holdings Bhd (XKLS:0245) Retained Earnings : RM65.3 Mil (As of Mar. 2024)


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What is MN Holdings Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MN Holdings Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM65.3 Mil.

MN Holdings Bhd's quarterly retained earnings increased from Sep. 2023 (RM56.7 Mil) to Dec. 2023 (RM60.6 Mil) and increased from Dec. 2023 (RM60.6 Mil) to Mar. 2024 (RM65.3 Mil).

MN Holdings Bhd's annual retained earnings increased from Jun. 2021 (RM37.5 Mil) to Jun. 2022 (RM43.0 Mil) and increased from Jun. 2022 (RM43.0 Mil) to Jun. 2023 (RM52.5 Mil).


MN Holdings Bhd Retained Earnings Historical Data

The historical data trend for MN Holdings 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.

MN Holdings Bhd Retained Earnings Chart

MN Holdings Bhd Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial 26.39 30.93 37.50 43.03 52.53

MN Holdings Bhd Quarterly Data
Jun18 Jun19 Jun20 Jun21 Oct21 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 50.50 52.53 56.68 60.61 65.31

MN Holdings 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.


MN Holdings Bhd  (XKLS:0245) 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.


MN Holdings Bhd (XKLS:0245) Business Description

Traded in Other Exchanges
N/A
Address
Jalan USJ 25/1B, F-07-01, Garden Shoppe One City, Subang Jaya, SGR, MYS, 47650
MN Holdings Bhd is principally involved in the provision of infrastructure utility services comprising underground utilities engineering services and solutions; substation engineering services and solutions and Investment holding. It generates maximum revenue from the underground utilities engineering segment, which is engaged in the provision of underground utilities engineering services and solutions. The Substation engineering segment is engaged in the provision of substation engineering services and solutions and trading and supplying.

MN Holdings Bhd (XKLS:0245) Headlines

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