EMS companies in a tight spot


Analysts have warned that the earnings of EMS players, which include VS Industry Bhd(pic), ATA IMS Bhd and SKP Resources Bhd, among others, would likely decline in 2020.

FACED with business shutdown at a time when the global demand for consumer electronics is affected by persisting headwinds, electronic manufacturing services (EMS) companies in Malaysia find themselves in a tight spot.

Analysts have warned that the earnings of EMS players, which include VS Industry Bhd, ATA IMS Bhd and SKP Resources Bhd, among others, would likely decline in 2020.

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

MALAYSIA'S MARCH MANUFACTURING SALES VALUE GROWS 1.4 PCT TO RM158.4 BLN
Oil set for weekly gain as demand signs, geopolitics seen as positives
Asia stocks rally on renewed global rate cut optimism
Daiso invests RM1bil in new global distribution centre
IPI up 2.4% in March 2024 but below forecast
Malaysia end-April palm oil stocks rise 1.85%, MPOB says
FBM KLCI nearly flat at midday
UOB Malaysia's FY23 operating income hits record RM4.6bil, pretax profit RM1.9bil
Bursa Malaysia all-time high indicates Madani framework is building investor confidence
OCBC posts record Q1 profit, makes US$1bil bid to take Great Eastern private

Others Also Read