V S Industry 3Q showing deteriorates


The company's third-quarter net profit fell more than half to RM23.8mil.

PETALING JAYA: V S Industry Bhd (VSI) remains positive on its long-term outlook despite external headwinds, supported by a resilient customer base, strong vertical integration capabilities, solid financial fundamentals, and prudent cost and risk management.

In the third quarter ended April 30, the electronics manufacturing services or EMS provider’s net profit fell more than half to RM23.8mil, or 0.62 sen per share, compared with RM54.4mil, or 1.43 sen, in the same quarter a year ago.

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