Ge-Shen Corporation Berhad (“Ge-Shen” or the “Group”), an established service provider of precision engineering and manufacturing solutions, specialising in high-quality plastic, printed circuit board assembly (“PCBA”), liquid silicone rubber and complete assembly for diverse industries, today announced its unaudited financial results for the second quarter ended 30 June 2025 (“Q2 FY2025”), delivering strong revenue and profit growth on the back of its ongoing business transformation.
The Group recorded revenue of RM95.80 million in Q2 FY2025, representing a 27.5% increase from RM75.13 million in the same period last year (“Q2 FY2024”). Profit after tax (“PAT”) rose 84.6% to RM9.27 million, compared to RM5.02 million in Q2 FY2024.
For the first half of FY2025 (“1H FY2025”), Ge-Shen delivered cumulative revenue of RM150.29 million, compared to RM148.98 million in the corresponding period last year (“1H FY2024”). Cumulative PAT grew 74.0% year-on-year to RM14.56 million, up from RM8.37 million in 1H FY2024.
The Group’s strong performance was driven by its transformation into an EMS business, with expansion into mechatronics assembly, manufacturing, and testing of high-end components. Profitability was further supported by tighter cost controls, improved operational efficiency across subsidiaries, and gains from the divestment of non-core industrial properties in Johor.
Dr. Adrian Foong Hong Nian, Chief Executive Officer cum Executive Director of Ge-Shen said,
“This quarter’s results reflect the successful execution of our transformation strategy and our progress in scaling up our EMS and precision engineering capabilities.
The consolidation of Local Assembly has already begun to strengthen our service offerings and customer base, while our capacity expansions in Malaysia and Vietnam are positioning us to capture opportunities in high-value sectors such as medical devices, industrial products, consumer electronics, AI, and data centre infrastructure.
These efforts underscore our focus on sustainable profitability and long-term stakeholder value.”
Looking ahead, Ge-Shen expects positive momentum to continue in the second half of FY2025. The reclassification of Local Assembly as a subsidiary provides greater control and operational flexibility, while growing customer engagement and new project wins are expected to drive stronger order flows.
The United States’ revised import tariff framework, which assigned Malaysia a competitive tariff rate of 19%, has also bolstered the country’s attractiveness as a manufacturing hub, further strengthening Ge-Shen’s position within global supply chains.
For more information, visit www.gscorp.com.my
