V S Industry’s counter measures prove effective

This is underpinned by the company’s counter measures in employing more migrant workers to remedy the situation.

“ is due to sub-optimal production levels for a key customer, coupled with higher labour and raw material costs,” said the research house in a report yesterday. V S Industry’s 9M22 net profits stood at RM105mil, which accounted for 63% of the research house’s full-year estimate and 59% of its consensus, excluding a net forex gain.

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