Genetec A baby step

genetecc | Joined since 2022-01-26

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2023-03-08 09:47 |

Post removed.Why?

Stock

2023-03-08 09:46 |

Post removed.Why?

Stock

2023-02-28 10:20 | Report Abuse

Genetec has reported record quarterly revenue in the third quarter of FY23, with revenue increasing by 20.5% qoq and 30.5% yoy to RM85m.

However, the EBITDA margins decreased due to forex losses, a less profitable sales mix, and development costs for new battery energy storage system projects.

Despite this, the company's 9MFY23 sales and core net profit rose by 39% and 34% yoy, respectively,

GENETEC recently completed a private placement to fund future expansion. It will use 53% of the proceeds to expand its manufacturing facilities, increasing production capacity by almost 1.5x.

The company also completed the development of its in-house BESS and is preparing to begin a pilot run, which could be a new growth driver from FY24F.


https://klse1.i3investor.com/blogs/genetec_rm400/2023-02-28-story-h-297280010-Revving_up_for_Expansion_Genetec_Technology_s_Building_Blocks_of_Growth.jsp

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2023-02-03 16:24 | Report Abuse

Seeing a Spectacular Return with an Eye-Popping Eyewear Company!

News & Blogs

2023-02-03 16:21 | Report Abuse

A portfolio that includes technology companies has proven to be a strong competitor and is outperforming the competition.

Stock

2023-02-03 15:50 | Report Abuse

Zachzach seems no power for now..lets wait after 4pm...
03/02/2023 3:47 PM


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Kindly note that as baby grow and mature, a 4-year-old transforms into a child, a 14-year-old becomes a teenager, a 24-year-old transforms into a young adult, and by the time they reach 34 years, they are considered adults.