PETALING JAYA: Kossan Rubber Industries Bhd’s net profit surged by over 600% year-on-year (y-o-y) in the third quarter ended Sept 30, surpassing the supernormal profits it recorded in the second quarter.
The fourth largest glove maker by market capitalisation told Bursa Malaysia that its net profit increased to RM348.74mil in the July-Sept 2020 period, as compared to RM49.18mil a year earlier.
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