0208 GMT - VS Industry's near-term earnings outlook likely remains clouded, says Affin Hwang IB analyst Faustine Chua in a note. While management sees a healthy customer order flow, order placements may remain prudent amid global uncertainties, supply chain risks and weak consumer sentiment, she notes. The company expects new model launches in fiscal 4Q to drive future growth, while its Philippine operations prepare for mass production in the next two months, she adds. Chua cuts VS Industry's FY2025-FY2027 earnings estimates by 16%-35% after disappointing 1H core earnings. Affin Hwang downgrades VS Industry's rating to hold from buy and lowers the target price to MYR0.91 from MYR1.18. Shares are 0.6% higher at MYR0.85. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
March 23, 2025 22:08 ET (02:08 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。