BERHAD Full Year 2024 Earnings: Narrow Profit Margins
ARB Berhad's full-year 2024 earnings report shows a narrow profit margin of 1.8% driven by lower expenses, as the company moves towards profitability after posting a net loss in FY 2023. Despite the positive trend, revenue has taken a significant hit of 63% from FY 2023 to RM99.1m. The EPS of RM0.002 represents a narrow margin between profit and loss.
- The decline in revenue highlights the need for ARB Berhad to focus on cost-cutting measures and improving operational efficiency to sustain its growth trajectory.
- What strategic initiatives will ARB Berhad undertake to accelerate revenue growth and expand its market share in the competitive Southeast Asian market?