The share price of V.S. Industry Berhad (VS) has been declining steadily since the beginning of the year after it reached a peak of RM2.62 in late January this year. After the group released a disappointing third quarter results, which saw its net profit plunged by 58% compared with the third quarter of the previous financial year, VS share price hit a low of RM1.27 on 29 June before rebounding significantly to as high as RM1.80 in early October. The share price has since then retreated to close at RM1.52 on 4 December 2018.
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