Ge-Shen Corp’s quarterly performance improves

Ge-Shen’s second-quarter net profit more than doubled to RM4.5mil.

KUALA LUMPUR: Ge-Shen Corp Bhd’s board has been actively pursuing acquisitions to boost its revenue and profitability.

The plastic injection moulding and metal stamping company is acquiring 40% of Local Assembly Sdn Bhd and 60% of both Amity Research & Development Sdn Bhd and Amity Technical Services & Consultancy Sdn Bhd. These acquisitions are expected to be completed in the second half of 2024.