VSI to focus on lean operations to counter uncertainty

Maybank IB Research expects VSI to post stronger results in the coming quarters.

PETALING JAYA: Analysts generally remain cautious about VS Industry Bhd’s (VSI) outlook due to macroeconomic uncertainty amid high interest rates.

According to Hong Leong Investment Bank Research (HLIB Research), the tough economic environment continues to put a strain on the group’s operational expenditures with increases in labour, utilities and financing costs.