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Feroze1888 Mills (KAR:FML) Retained Earnings : ₨24,485 Mil (As of Mar. 2024)


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What is Feroze1888 Mills Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Feroze1888 Mills's retained earnings for the quarter that ended in Mar. 2024 was ₨24,485 Mil.

Feroze1888 Mills's quarterly retained earnings declined from Sep. 2023 (₨28,572 Mil) to Dec. 2023 (₨24,485 Mil) but then increased from Dec. 2023 (₨24,485 Mil) to Mar. 2024 (₨24,485 Mil).

Feroze1888 Mills's annual retained earnings increased from Jun. 2021 (₨18,440 Mil) to Jun. 2022 (₨20,814 Mil) and increased from Jun. 2022 (₨20,814 Mil) to Jun. 2023 (₨27,566 Mil).


Feroze1888 Mills Retained Earnings Historical Data

The historical data trend for Feroze1888 Mills'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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Feroze1888 Mills Retained Earnings Chart

Feroze1888 Mills Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,077.77 15,134.12 18,439.94 20,813.92 27,566.47

Feroze1888 Mills Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26,514.68 27,566.47 28,572.39 24,484.90 24,485.14

Feroze1888 Mills 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.


Feroze1888 Mills  (KAR:FML) 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.


Feroze1888 Mills (KAR:FML) Business Description

Traded in Other Exchanges
N/A
Address
K&N Centre, 160 Banglore Town, 2nd and 3rd Floors, Shahrah -e-Faisal, Karachi, SD, PAK
Feroze1888 Mills Ltd is a Pakistan-based company manufactures and exports towels. Their product line includes bath towels, beach towels, and a kitchen section. Their bath towel product includes dobby, yarn dyed, and jacquard, while their kitchen section includes scrubber, flour sack, and basic. Geographically, it derives a majority of revenue from America and also has a presence in Europe; Asia; Australia, and Africa.

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