0155 GMT - VS Industry's earnings outlook is clouded by compressed margins, Maybank IB analyst Lucas Sim says in a note. The company has guided that in order to sustain business volumes, it agreed to compromise on margins for customers, he notes. While margins are unlikely to recover in the near term, top-line growth should remain stable, which could support gradual margin recovery through operating leverage. Sim cuts hisFY 2026-FY 2028 earnings estimates on the company by 9%-18%, citing a weaker-than-expected outlook following the company briefing. Maybank cuts VS Industry to hold from buy and trims the target price to MYR0.61 from MYR0.71. Shares are 0.8% lower at MYR0.60. (yingxian.wong@wsj.com)
(END) Dow Jones Newswires
October 02, 2025 21:55 ET (01:55 GMT)
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