Kossan Rubber reports higher Q3 profit


ANALYSTS are positive on the progress of automation and digitalisation of Kossan

KUALA LUMPUR: Kossan Rubber Industries Bhd's net profit for the third quarter ended Sept 30, 2018 rose to RM54.1mil from RM45.7mil in the same quarter last year.

Revenue also increased 17.3% to RM573.9mil from RM489.2mil previously, driven by higher revenue from its gloves and technical input rubber products (TRP) divisions, it said in a filing with Bursa Malaysia today.

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