Johor Bharu: Prominent Electronics Manufacturing Services (EMS) provider vs. Industry BHD reported revenue of RM3.79 billion for the financial year ended 31 July 2025 (FY25), vs RM4.25 billion.
This was largely due to the proclamation of customers in Q4 FY25, with the impacts of the order distribution on the request of the customers, after the announcement of the mutual tariffs with low sales orders, which led to the market uncertainty and moist sense.
FY25 benefits (PBT) and net profit before tax came in RM75.0 million and rm36.7 million respectively, FY24 came in RM268.5 million and RM246.0 million, Vij-e-Vis RM268.5 million and rm268.5 million and rm246.0 million.
Note that the performance of FY24 includes a one-bands of RM50.5 million non-cash accounting benefits, resulting in the weakening of the equity interest of the group in VS International Group Limited as well as a loss of RM13.5 million on plants and equipment.
Meanwhile, factors contributing to factors in weak FY25 results include low revenue, cost-low pressure from customers, as well as the plant setup cost and damage from the Philippines plant include RM24.9 million, which is still in its womb period.
In addition, RM6.0 million amount and RM7.1 million total loss on trading receipts on plant and equipment caused loss loss.
Adjustments for these extraordinary objects, FY25 PBT would be higher at rm88.1 million.
Managing Director Datuk C Anthem said that, as an export-based company with the US, is one of its major markets, a large-to-the–affected adverse effect on the Q4 FY25 performance of the group of mutual tariffs, as the limit of customer adjustment for measures was initially estimated.
“It was considered necessary to reflect our prudent practice with specific losses.
“Given further, the near-term operating environment is expected to be challenging. The group’s performance in the next few quarters will be influenced by the prevailing consumer spirit and our customers’ perspectives on the wider market.
He said, “The mutual tariff rate for Malaysia is now fixed at 19%, which is in conformity with most other export-oriented manufacturing countries in ASEAN. With this clarity, we expect more visibility on order flow to emerge in the coming quarters,” he said in a statement.
On a bright note, Anthem said that orders have been raised in Q1 FY26, and many new models have also entered large -scale production.
“We opin that some general status will be withdrawn as stakeholders of industry, including customers and suppliers, which are compatible with mutual tariffs.
He said, “We are in active discussion with customers on product cost structures. Meanwhile, the operating of the Philippines, recently started large -scale production, is expected to see gradual improvements in use rates,” he further said.
Against this background, the group focuses highly focused on lean production, increases operating efficiency, and practicing prudent cost control.
Operations are supported by a solid balance sheet with strong cash holdings, and the board prevents unexpected situations, to the group’s performance to be satisfactory in the coming financial year.
Meanwhile, the Q4 FY25 revenue of VS was RM858.8 million, compared to RM1.21 billion in the same period last year.
The group damaged a loss of RM33.0 million vs RM104.6 million before RM30.6 million tax (LBT) in PBT and Q4 FY24 respectively.
The Q4 FY25 LBT included RM20.5 million losses from the operating of the Philippines, along with the first one-closed loss loss on the trading of RM6.0 million and on the total equipment and devices of RM7.1 million in the current quarter.
Except for these two losses, Q4 FY25 LBT will be RM17.5 million.
For comparison, the Q4 FY24 results included a united accounting advantage of RM50.5 million and a loss of RM13.5 million on plants and equipment.
The board did not propose dividends for the current quarter.
The total dividend per share for the current financial year is for 1.4 Sen or RM51.9 million, including a share dividend distribution of treasury shares based on a treasury shares for each 125 existing ordinary shares, which translates to 0.6 Sen or RM21.0 million per share or RM21.0 million.
It works for a payment ratio of 141.3% based on FY25 net profit of RM36.7 million.
