“VSI's 4Q is anticipated to register similar profits based on its current order visibility, also owing to the 4Q being a seasonally stronger quarter for one of its key Malaysian operations customer, Keurig," AmInvest Research says.
KUALA LUMPUR: VS Industry Bhd
is in active discussion with existing and new customers to secure orders as the group expand its local production capacity.
For the fourth quarter ended July 31, the company posted a 4.4% growth in net profit to RM38.4mil as revenue increased 2.8% to RM1.01bil. Full year (FY18) earnings was RM150.77mil, the company said in a filing with Bursa Malaysia on Tuesday.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
