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Kossan Rubber Industries Bhd (Kossan Rubber Industries Bhd) Retained Earnings : $753.7 Mil (As of Mar. 2024)


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What is Kossan Rubber Industries Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kossan Rubber Industries Bhd's retained earnings for the quarter that ended in Mar. 2024 was $753.7 Mil.

Kossan Rubber Industries Bhd's quarterly retained earnings increased from Sep. 2023 ($752.1 Mil) to Dec. 2023 ($756.1 Mil) but then declined from Dec. 2023 ($756.1 Mil) to Mar. 2024 ($753.7 Mil).

Kossan Rubber Industries Bhd's annual retained earnings declined from Dec. 2021 ($883.7 Mil) to Dec. 2022 ($810.1 Mil) and declined from Dec. 2022 ($810.1 Mil) to Dec. 2023 ($756.1 Mil).


Kossan Rubber Industries Bhd Retained Earnings Historical Data

The historical data trend for Kossan Rubber Industries 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.

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Kossan Rubber Industries Bhd Retained Earnings Chart

Kossan Rubber Industries Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 264.24 509.85 883.67 810.14 756.09

Kossan Rubber Industries Bhd 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 780.52 751.81 752.13 756.09 753.66

Kossan Rubber Industries 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.


Kossan Rubber Industries Bhd  (OTCPK:KSRBF) 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.


Kossan Rubber Industries Bhd (Kossan Rubber Industries Bhd) Business Description

Traded in Other Exchanges
Address
Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (Kossan Rubber Industries Bhd) Headlines

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