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Kohinoor Textile Mills (KAR:KTML) Retained Earnings : ₨42,320 Mil (As of Mar. 2024)


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What is Kohinoor Textile Mills Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kohinoor Textile Mills's retained earnings for the quarter that ended in Mar. 2024 was ₨42,320 Mil.

Kohinoor Textile Mills's quarterly retained earnings increased from Sep. 2023 (₨36,529 Mil) to Dec. 2023 (₨39,900 Mil) and increased from Dec. 2023 (₨39,900 Mil) to Mar. 2024 (₨42,320 Mil).

Kohinoor Textile Mills's annual retained earnings increased from Jun. 2021 (₨26,092 Mil) to Jun. 2022 (₨29,263 Mil) and increased from Jun. 2022 (₨29,263 Mil) to Jun. 2023 (₨35,672 Mil).


Kohinoor Textile Mills Retained Earnings Historical Data

The historical data trend for Kohinoor Textile 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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Kohinoor Textile Mills Retained Earnings Chart

Kohinoor Textile 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 19,940.20 18,368.67 26,092.09 29,263.04 35,671.94

Kohinoor Textile 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 35,341.37 35,671.94 36,529.35 39,899.99 42,319.57

Kohinoor Textile 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.


Kohinoor Textile Mills  (KAR:KTML) 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.


Kohinoor Textile Mills (KAR:KTML) Business Description

Traded in Other Exchanges
N/A
Address
42-Lawrence Road, Lahore, PB, PAK, 54000
Kohinoor Textile Mills Ltd is a company engaged in the manufacturing of yarn and cloth, processing and stitching the cloth, and trade of textile products. It operates through six divisions which comprise Spinning, Weaving, Processing and Home Textile. It is engaged in the production of yarns from natural and artificial fibers and greige fabrics for the manufacture of printed and dyed fabrics and home textile articles. The company generates maximum revenue from the Spinning segment.

Kohinoor Textile Mills (KAR:KTML) Headlines

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