VS Industry confident of overcoming challenges in 2H19

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KUALA LUMPUR:  VS Industry Bhd (VS) is confident it will overcome challenges in the second half of the current financial year (2H19) through securing new orders from existing, as well as, potential customers, said managing director Datuk Gan Sem Yam.

“With our solid track record of successful on-time delivery of quality products to our customers’ satisfaction, we are confident we will overcome the challenges,” he said in a statement, adding that it would just be a short-term pain for the electronic and electrical products manufacturer.

Fluctuations in orders does happen in the industry due to various reasons such as a function of market demand, product lifecycle or change in market strategy, Gan said in clarifying an anticipated slowdown in orders from a key customer in 2H19. –Bernama

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