VS Industry reports 43% jump in Q3 net profit


The suspension early yesterday came after the integrated electronics manufacturing services provider

KUALA LUMPUR: Electronics manufacturing services firm VS Industry Bhd said  net profit in the third quarter ended April 30 jumped, as stronger performance by its operations in Malaysia offset weak contributions from overseas.

The company said it is working hard to win new orders from multinational corporations (MNCs) looking to relocate their manufacturing base to Malaysia amid ongoing trade tensions between China and the US.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


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!
   

Next In Business News

Industrial projects look increasingly attractive
Dutch Lady’s balancing act amid escalating costs
Demand for co-working space remains resilient
Fed dampens hopes for rate cut
F&N to use cost management measures
Changing office space requirements
Naza makes entry into green economy
CapBay aims to provide financing to more SMEs
New initiative for infrastructure needs in Perak
Ocean Fresh seeks ACE Market listing

Others Also Read