Year-end uptick expected for VS Industry

HLIB Research said the EMS provider expects the momentum to be sustained into the financial year 2024 supported by the launch of new products by its clients.

PETALING JAYA: VS Industry Bhd (VSI) is expected to see an uptick in its sales orders following the pick up in preparation for the holiday and festive seasons by the end of this year, says Hong Leong Investment Bank (HLIB) Research.

The integrated electronics manufacturing services (EMS) provider expects the momentum to be sustained into the financial year 2024 (FY24) supported by new the launch of new products by its clients, the research house noted in its latest report on the company yesterday.