PETALING JAYA: Kossan Rubber Industries Bhd has recorded a 10.35% jump in net profit to RM64.8mil on the back of a 8.9% jump in revenue to RM611.47mil for its first quarter ended March 31. Earnings per share increased to 5.07 sen from 4.59 sen.
The improved performance was mainly attributable to higher volume in the gloves division, which improved by 7.4% as compared with the first quarter of 2019.
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