VS Industry returns to the black in third quarter


In a filing with Bursa Malaysia, the group said its revenue jumped to RM1.07bil in the quarter for the first time from RM505.66mil a year ago on the back of higher sales orders from existing key customers. (File pic shows the VS Industry plant in Senai)

PETALING JAYA: VS Industry Bhd returned to the black, posting a net profit of RM73.38mil in the third quarter ended April 30, 2021 (Q3) mainly driven by the surge in revenue due to higher sales orders from existing key customers coupled with favourable product sales mix in Malaysia.

In a filing with Bursa Malaysia, the group said its revenue jumped to RM1.07bil in the quarter for the first time from RM505.66mil a year ago on the back of higher sales orders from existing key customers.

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