Published on 3 Jun 2024 on Simply Wall St. via Yahoo Finance
Haily Group Berhad (KLSE:HAILY) Is Going Strong But Fundamentals...Mixed : Is There A Clear...
Most readers would already be aware that Haily Group Berhad's (KLSE:HAILY) stock increased significantly by 23% over the past three months. However, we decided to pay attention to the company's fundamentals which don't appear to give a clear sign about the company's financial health. In this article, we decided to focus on Haily Group Berhad's ROE.
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 other words, it is a profitability ratio which measures the rate of return on the capital provided by the company's shareholders.