News Formal

V S Industry’s counter measures prove effective

  • 📰 staronline
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 75%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The recruitment of workers is expected to be crucial for the company to secure stronger earnings growth in 4Q22.

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malaysia to elevate film industry through cooperation with Asean countriesMalaysia wants to enhance cooperation with foreign film industry players in an effort to bring the local film industry to a higher level.
Source: staronline - 🏆 4. / 75 Read more »