Maybank Investment Bank Berhad (Maybank IB) Has Slashed V.S. Industry Berhad’s FY24E/25E/26E Earnings By -31%/-18%/-16% Due To Lowered Sales Projections From Key Customers, Namely Customer X, Y, And For Its ID Operations. VSI Highlighted Soft Orders From These Customers In FY24E Due To Subdued Consumer Demand And Inventory Rationalization For Customer X. Maybank IB, In […]
Maybank Investment Bank Berhad (Maybank IB) Has Slashed V.S. Industry Berhad’s FY24E/25E/26E Earnings By -31%/-18%/-16% Due To Lowered Sales Projections From Key Customers, Namely Customer X, Y, And For Its ID Operations. VSI Highlighted Soft Orders From These Customers In FY24E Due To Subdued Consumer Demand And Inventory Rationalization For Customer X. Maybank IB, In […]