VS Industry net profit soars on strong local ops


Higher earnings: VS Industry’s plant in Senai, Johor. For the quarter just ended, the group’s net profit surged 43% to RM31.38mil.

PETALING JAYA: Electronics manufacturing services firm VS Industry Bhd says net profit in the third quarter ended April 30 jumped, as strong 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.

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