Published on 25 Mar 2024 on Simply Wall St. via Yahoo Finance
Lee Swee Kiat Group Berhad's (KLSE:LEESK) Stock Has Shown Weakness Lately But Financial Prospects...
With its stock down 21% over the past month, it is easy to disregard Lee Swee Kiat Group Berhad (KLSE:LEESK). But if you pay close attention, you might find that its key financial indicators look quite decent, which could mean that the stock could potentially rise in the long-term given how markets usually reward more resilient long-term fundamentals. Particularly, we will be paying attention to Lee Swee Kiat Group Berhad's ROE today.
ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In short, ROE shows the profit each dollar generates with respect to its shareholder investments.
Check out our latest analysis for Lee Swee Kiat Group Berhad