V.S. Industry’s FY26 Loss Puts Recovery Focus on Orders and Philippine Plant

Kuala Lumpur, 29 September 2026 – V.S. Industry Berhad ended its financial year with a RM53.8 million net loss, but a stronger final quarter has shifted attention to whether recovering customer orders can carry the electronics manufacturer back to profit in FY2027. The Johor-based group reported RM3.65 billion in revenue for the year ended 31 July 2026, down from RM3.79 billion, as softer global consumer demand and customers’ cost-cutting weighed on factory utilisation.

The earnings reversal was sharper than the sales decline. Full-year loss before tax reached RM32.9 million against a RM75.0 million profit before tax in FY2025. Net profit attributable to shareholders of RM36.7 million a year earlier became a RM53.8 million loss. The result included a RM39.7 million non-cash impairment of plant and equipment, but the charge was not the only pressure on profitability.