[V.S INDUSTRY BHD：主要客户的订单预计将持续，马来西亚部门预期增长，现有客户强力支持]

就本季度而言，威铖录得收入10.109亿令吉，较去年同期略微增加2,760万令吉或2.8％。截至2018年7月31日止财政年度，威铖录得收入为40.892亿令吉，而去年则录得32.814亿令吉。

马来西亚部门：
马来西亚部门本季度收入比上年同期增长8.7％，主要是由于跨国公司客户的销售订单增加，抵消了美国主要客户的收入下降。这导致税前利润增加。在本季度开始为美国客户生产新型号。

印尼部门：
累积季度，66.8％或1.217亿令吉的收入增长主要是由于从寄售基础到客户制造的计费变化。

中国部门：
本季度和累计季度产生的亏损主要是由于卖掉子公司亏损1690万令吉，以及原材料和劳动力成本上升带来的利润率压力以及难以将增加的成本转嫁给客户（鉴于竞争激烈的经营环境）。

就本季度而言，尽管收入增加，但威铖录得较低的税前利润为2,500万令吉，而上一季度则为2840万令吉。

前景：
对于马来西亚部门而言，主要客户的箱装订单预计将在下一个财政年度大致持续。在材料和劳动力成本上升的艰难经营环境中，提高整体运营效率仍然是一个关键焦点。同时，他们的产能扩张计划目前正在进行中。

因此，他们积极与现有客户和潜在客户进行讨论，以获得新订单。由于马来西亚部门的预期增长，威铖的整体前景仍然乐观。尽管环境充满挑战，管理层审慎，加上现有客户的持续强力支持，董事会对威铖将于下一个财政年度表现令人满意表示乐观。
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James Ng Stock Pick Performance:
Since Recommended Return:

1) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.915 in 1 month 13 day, total return is 28%

2) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.57 in 2 months 17 days, total return is 18.4%

3) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.92 in 2 month 24 days, total return is 15.7%

我希望将我的策略分享给读者，希望他们在阅读后能够表现出色。我正在使用基本面分析（Fundamental Analysis）：

预计公司每年的增长率必须> 14％

我想说服读者学习基本面分析FA以便能从股市赚钱。

我为想从马来西亚股票市场赚钱的读者提供STOCK PICK服务。想订阅我的邮件以从股票市场获取良好回报的人，可以通过 jamesngshare@gmail.com 或我的FB页面 https://web.facebook.com/jamesshareinvest/ 与我联系

【看懂年报和季报】课程
时间：11a.m. – 7p.m

日期：10月7日星期日
地点：Sri Petaling (KL)或Pusat Bandar Puchong（看哪个地区较多人）

日期：10月14日星期日
地点：George Town (Penang)

日期：10月21日星期日
地点：M Hotels (Kuching)

日期：10月28日星期日
地点：Johor Bahru

有兴趣的朋友，可以电邮或PM FB page联络我
email：jamesngshare@gmail.com
电话/Whatsapp : 011 - 15852043

为了方便大家查询我写过的公司和选股文章以及视频，制作了索引。大家只要依照日期，就能从这 https://klse.i3investor.com/blogs/general/174563.jsp 找到公司和选股文章以及视频。

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

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最终决定永远是你的，谢谢。

James Ng
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[V.S INDUSTRY BHD: box-built orders from key customers are expected to sustain into next financial year, anticipated growth in Malaysia segment, strong support from existing customers]

For the current quarter under review, the Group recorded a revenue of RM1,010.9 million, a marginal increase of RM27.6 million or 2.8% as compared to the previous corresponding quarter. For the financial year ended 31 July 2018, the Group recorded a revenue of RM4,089.2 million as compared to RM3,281.4 million recorded in the preceding year.

Malaysia segment:
Malaysia segment posted 8.7% increase in revenue in the current quarter by comparison to previous year corresponding quarter mainly due to higher sales orders from key MNC customers, which offset the decline in revenue from a major US customer. This led to higher profit before tax achieved. Production of new models for a US customer has subsequently commenced during the current quarter under review.

Indonesia segment:
For cumulative quarters, the 66.8% or RM121.7 million increase in revenue was largely a result of change in billing from consignment basis to turnkey manufacturing for a customer.

China segment:
Loss incurred for the current quarter and cumulative quarter was mainly due to loss on disposal of a subsidiary amounting to RM16.9 million, in addition to profit margin pressure from higher raw materials and labour costs as well as difficulty to pass on increased costs to customers given the competitive operating environment.

For the current quarter under review, the Group recorded a lower profit before tax of RM25.0 million as compared to RM28.4 million in the preceding quarter despite higher revenue.

Prospects:
For the Malaysia segment, the box-built orders from key customers are expected to broadly sustain into the next financial year. Improving overall operational efficiency remains a key focus amidst the tough operating environment of rising materials and labour costs. Meanwhile, their production capacity expansion plans are currently ongoing.

As such, they are actively in discussions with existing as well as prospective customers to secure new orders. Overall prospects of the Group remain positive underpinned by the anticipated growth in the Malaysia segment. Notwithstanding the challenging environment, with prudent management, coupled with continued strong support from existing customers, the Board is optimistic that the Group will perform satisfactorily for the next financial year.
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James Ng Stock Pick Performance:
Since Recommended Return:

1) FRONTKN (FRONTKEN CORP BHD), recommended on 12 Aug 18, initial price was RM0.715, rose to RM0.915 in 1 month 13 day, total return is 28%

2) Gtronic (GLOBETRONICS TECHNOLOGY BHD), recommended on 8 Jul 18, initial price was RM2.17, rose to RM2.57 in 2 months 17 days, total return is 18.4%

3) KKB (KKB ENGINEERING BHD), recommended on 1 Jul 18, initial price was RM0.795, rose to RM0.92 in 2 month 24 days, total return is 15.7%

I wish to share my strategy to readers, hope that they can perform well after reading this. I am using Fundamental Analysis:

the forecasted growth of a company must > 14% per year

I wish to convince readers to learn FA in order to make money from stock market.

I am providing STOCK PICK SERVICE for readers who want to make money from Malaysian stock market. Those who want to subscribe to my mailing list to achieve a good return from stock market, you can contact me at jamesngshare@gmail.com or PM me in my FB page https://web.facebook.com/jamesshareinvest/

In order to facilitate the query of the company and stock picking articles and videos I have written, an index has been produced. Everyone can find company and stock picking articles and videos from https://klse.i3investor.com/blogs/general/174563.jsp by date.

James的股票投资James Share Investing Blog: https://klse.i3investor.com/blogs/general/

James的股票投资James Share Investing Blog Index: https://klse.i3investor.com/blogs/general/blidx.jsp

Facebook Group: https://www.facebook.com/groups/jamesinvesting

If you want to join my WhatsApp group (there will be no James Ng's stock pick inside), please PM or email me your handphone number.

Final decision is always yours, thank you.

James Ng