Kossan Rubber Q1 net profit rises to RM58.72mil


  • Business
  • Saturday, 25 May 2019

KUALA LUMPUR: Kossan Rubber Industries Bhd posted a higher net profit of RM58.72mil in the first quarter ended March 31, 2019 (Q1 2019), attributable to improvements in all three divisions, namely gloves, technical rubber products (TRP) and clean room.

The firm’s net profit stood at RM44.51mil in the corresponding period last year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

FBM KLCI hits six-year high, extends rally on stronger risk appetite
Singapore defends GIC, Temasek returns as reasonable
Gold breaches US$4,600/oz for first time ever as Powell-Trump rift stokes safe-haven demand
S.Korea, Taiwan stocks rally on AI optimism; Trump-Powell feud clouds outlook
Impact Capital eyes ACE Market listing
Rexit to be renamed Openmove AI from Jan 14
Simon Crowther named Mondelz's new Malaysia, Singapore MD
AirAsia X resumes popular KL–Busan route, fares from RM299
Bursa Malaysia launches BMQ and BMQ-S indexes for financially strong companies
ACE Market-bound one gasmaster aims to raise RM19.38mil from IPO

Others Also Read