VS Industry posts weaker net profit of RM16mil in 2Q


KUALA LUMPUR: VS Industry Bhd expects to see an improved performance over the remaining quarters of the year as it makes progress in ongoing discussions with prospective customers.

The electronics manufacturing services (EMS) provider said it is also seeing a resurgence of orders from key customers, underpinned by normalisation of its inventory levels and improving sentiments, while the launch of new models by certain customers have also served to sustain market interest.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
VS Industry , semiconductor

Next In Business News

Light at the end of the tunnel
Understanding the warrant of distress
Are convention halls still good investments?
Ringgit likely to trade cautiously between RM4.09 and RM4.11 vs US dollar next week
Strong momentum seen for Vietnam equities
Asset managers in risk-on mode
Rising DRAM prices may hit consumers
Asia-Pacific ratings hold firm
HK’s lure for key IPO investors
Fewer stocks spur IPO hunt

Others Also Read