GE-Shen Corporation Berhad Full Year 2024 Earnings: EPS: RM0.094 (vs RM0.08 in FY 2023)
The earnings of GE-Shen Corporation Berhad have increased by 17.5% in the full year 2024, with a profit margin of 4.2%, up from 3.5% in FY 2023, driven by higher revenue of RM282.1m, a 8.5% increase from FY 2023. The company's EPS has also seen a significant jump to RM0.094, up from RM0.08 in FY 2023, indicating improved profitability. This growth suggests that GE-Shen Corporation Berhad is poised for continued success in the coming years.
- The increasing profit margin and revenue growth of GE-Shen Corporation Berhad could be attributed to its strategic focus on cost optimization and operational efficiency, which would have a positive impact on its competitive position in the market.
- How will this increased profitability translate to dividends or share buybacks, and what are the potential risks associated with such actions?