KUALA LUMPUR: VS Industry Bhd
posted a record-high net profit of RM245.34mil in the financial year ended July 31, 2021, which was more than double the net profit of RM116.48mil recorded the year before.
"This was parallel with the top-line improvement while the larger-than-proportionate rise in profitability was due to favourable product sales mix in Malaysia stemming from a more diversified clientele, turnaround in performance from Indonesia as well as much narrower losses incurred in China," it said in a statement.
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