For the current quarter under review, V.S Industry recorded a revenue of RM998.6 million, an increase of 16.3% or RM139.9 million as compared to the previous year corresponding quarter.
However the group recorded a loss of RM22 million which was lower compared to RM34 million loss in the same period last year. This was supported by higher sales orders from key customers despite higher impairment loss on plant and equipment amounting to RM39.7 million. (Note that similar impairment of RM7.1 million was recorded in the previous year corresponding quarter).
For the financial year ended 31 July 2026, the Group recorded a lower revenue of RM3,650.8 million as compared to RM3,787.8 million in the preceding year.
The Group incurred a loss of RM55 million as compared to a profit of RM32 million. The performance it said was affected by lower orders from key customers arising from soft consumer sentiments globally, which in turn affected the overall utilisation rate of production capacity coupled with cost optimisation initiatives from customers.
