Kossan sees double digit earnings growth


Lim: ‘These plants are under construction and will start operations in September 2017. This would see an additional 7.5 billion pieces coming on stream after September 2017.’

KUALA LUMPUR: Kossan Rubber Industries Bhd is expecting double digit earnings growth for 2016 and a further leap in 2017, lifted by a five-year expansion plan.

The world’s second largest glove maker, which now produces 17 billion pieces, said the three new plants completed in 2015 would boost its production capacity to 22 billion pieces by June.

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