KUALA LUMPUR: Kossan Rubber Industries
made RM542mil in net profit in the fourth quarter ended Dec 31 on strong glove demand, lifting its full year earnings to above RM1bil.
The company has declared a second interim dividend of 3 sen a share and a special payout of 8 sen a share.
Kossan, in its outlook, predicted FY2021 to be "an extraordinary year," as demand is projected to remain robust.
"For the Gloves division, demand continues to exceed supply and the Group expects this to remain for FY2021," Kossan said in a filing with Bursa Malaysia.
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