Genetec Technology Berhad Full Year 2024 Earnings: EPS: RM0.09 (vs RM0.093 in FY 2023)

Simply Wall St · 08/30 23:45

Genetec Technology Berhad (KLSE:GENETEC) Full Year 2024 Results

Key Financial Results

  • Revenue: RM277.6m (down 6.6% from FY 2023).
  • Net income: RM68.9m (up 5.2% from FY 2023).
  • Profit margin: 25% (up from 22% in FY 2023). The increase in margin was driven by lower expenses.
  • EPS: RM0.09.
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KLSE:GENETEC Earnings and Revenue Growth August 30th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Genetec Technology Berhad Earnings Insights

Looking ahead, revenue is forecast to grow 19% p.a. on average during the next 2 years, compared to a 13% growth forecast for the Semiconductor industry in Malaysia.

Performance of the Malaysian Semiconductor industry.

The company's shares are down 16% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 1 warning sign for Genetec Technology Berhad that you need to be mindful of.