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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Kossan Rubber Industries , gloves

Next In Business News

NWE Resources shares rise 12.5% on trading debut
FBM KLCI idles near 1,600 in wait for positive catalysts
Ringgit opens higher on strong domestic data
Japan's September exports rise 16.7%, helped by chip demand
Trading ideas: MOSC, SD Guthrie, Sunview, AwanBiru, Bus Cap, Computer Forms, LYC, Magna Prima, SMI, Zetrix, CIMB, SKA, RedPlanet
Elice’s 33% debut slump rekindles AI boom doubts
Johor acquisition to lift IHH Healthcare’s profit
Awanbiru bags RM8.68mil THP contract
Bursa Malaysia edges higher on bargain hunting
M-REITs earnings visibility remains intact

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read