V.S. Industry Bhd says it remains upbeat on its prospects in 2025, partially buoyed by the recent interest rate cuts in the United States.

Speaking after the annual general meeting (AGM), managing director Datuk S.Y. Gan said the Federal Reserve rate cuts provide a welcome boost to businesses and consumer sentiment.

VS Industry's optimism is also underpinned by the healthy demand outlook from its existing customers and its new manufacturing facility in the Philippines.