VS Industry Delivers Solid Profits For FY24, Up 35% To RM246 Million
VS Industry Delivers Solid Profits For FY24, Up 35% To RM246 Million
At the bottom-line, the Group reported a profit after tax and non-controlling interest ("PATNCI" or "net profit") of RM126.7 million for 4QFY24 as compared to RM61.0 million last year. V.S. Industry Berhad announced its fourth quarter ("4QFY24") and full year financial results today for the period ended 31 July 2024 with Q4 revenue rising 5.6% year-on-year to RM1.21 billion from RM1.15 billion last year on the back of higher sales order from key customers in Malaysia and Indonesia.
V.S. Industry Berhad宣佈其截至2024年7月31日的第四季度（「4QFY24」）和全年財務業績，Q4營收同比增長5.6%，從去年的11.5億令吉增至12.1億令吉，主要得益於大馬和印尼主要客戶的訂單增加。
The group said the Malaysia segment posted a 7.6% YoY increase in revenue to RM896.7 million for the quarter under review versus RM833.4 million in 4QFY23. For the Indonesia segment, 4QFY24 turnover rose 31.5% YoY to RM112.0 million, compared to RM85.2 million in the prior year.
該集團表示，馬來西亞業務板塊的營收同比增長7.6%，達到了8,967萬令吉，而印尼業務板塊的4QFY24營業額同比增長31.5%，至1,120萬令吉，相較於去年的8520萬令吉。
This improvement it added was also reflected at the profit before tax level delivering a PBT of RM104.6 million for 4QFY24, a rise of 8.4% YoY from RM96.5 million in the previous year corresponding quarter. This included a foreign exchange ("forex") loss of RM3.9 million for the current quarter under review versus a forex gain of RM19.8 million in 4QFY23.
該改善也反映在稅前利潤水平上，4QFY24的稅前利潤爲1.046億令吉，同比增長8.4%，較上一年同期的9650萬令吉。這包括本季度的外匯損失爲390萬令吉，而去年4QFY23的外匯收益爲1980萬令吉。
At the bottom-line, the Group reported a profit after tax and non-controlling interest ("PATNCI" or "net profit") of RM126.7 million for 4QFY24 as compared to RM61.0 million last year.
該集團報告了2024財年第四季度（「4QFY24」）的稅後及非控股利潤（「PATNCI」或「淨利潤」）爲1.267億令吉，而去年爲6100萬令吉。
Managing Director of VS, Datuk S.Y. Gan said,"Going into FY25, we expect the positive momentum to continue. Sales orders from our key customers continued to pick up in tandem with improved consumer sentiments and new model launches."
V.S.的董事Datuk S.Y. Gan表示，「進入2025財年，我們預計積極的勢頭將繼續。與改善的消費者情緒和新車型發佈相一致，我們的主要客戶訂單不斷增加。」
"Another highlight will be the establishment of our new operations in the Philippines. The Group has secured new orders with an expected aggregate value of RM1.5 billion over the next two years through our newly incorporated wholly-owned subsidiary in the Philippines. With a budgeted capex of RM100.0 million, we adopted an asset-light strategy by renting factory in the country. We have deployed a dedicated team there to oversee the setup and ensure smooth operations, with production targeted to commence by the first quarter of 2025."
「另一個亮點將是我們在菲律賓設立新業務的舉措。該集團已通過在菲律賓新設的全資子公司獲得了預期總值爲15億令吉的新訂單，該訂單將在未來兩年內完成。通過在該國租用工廠，我們採用了資產輕量化策略，預算爲1億令吉。我們已派遣一支專門團隊進行監督和確保順利運營，並計劃於2025年第一季度開始生產。」
FY24 revenue came in at RM4.25 billion vis-à-vis RM4.56 billion last year, due to lower orders from a key customer. Despite the lower turnover, PBT rose 2.1% YoY to RM268.5 million in FY24 from RM262.9 million in the previous year, supported by a better product sales mix in Malaysia and improved utilisation rate during the second half of the financial year. Net profit for the period under review stood at RM246.1 million as compared to RM178.8 million in FY23. This included the one-off non-cash accounting net gain of RM46.7 million.
FY24營收爲425億令吉，低於去年的456億令吉，由於一家主要客戶的訂單減少。儘管營業額較低，但由於在馬來西亞的產品銷售組合和財年下半年利用率的提高支撐，FY24的稅前利潤同比增長2.1%，從上一年的26290萬令吉增至26850萬令吉。期間的淨利潤爲2.461億令吉，相較於FY23的1.788億令吉。其中包括了4670萬令吉的一次性非現金會計淨收益。
In line with its quarterly dividend payout practice, the Board has declared a fourth interim dividend of 0.6 sen per share for the quarter under review.
根據其季度股息支付慣例，董事會宣佈對審議季度每股0.6仙的第四次臨時股息。
譯文內容由第三人軟體翻譯。
