VS Industry net profit 29% higher for quarter two

One of VS Industry

PETALING JAYA: VS Industry Bhd (VSI) saw a 29% jump in net profit to RM35.51mil in the second quarter ended Jan 31, 2017 compared to the same quarter a year ago, driven by higher sales orders from key clients.

The RM2.1bil market value company, which has a dividend policy of 40% net profit payout, has declared a second interim single dividend of 1.2 sen per share, which will be paid out on May 12, 2017.