Kossan makes RM131mil profit in Q2, sees strong growth over the next two quarters

KUALA LUMPUR: Kossan Rubber Industries Bhd said expanding production capacity and rising average selling prices to bolster growth this year after the glove maker reported a 135% jump in second quarter earnings.

Net profit in the three-month ended June 30 soared to RM131mil compared with RM55.9mil made a year earlier.