Kossan records 4Q net profit of RM218.7mil


KUALA LUMPUR: Kossan Rubber Industries Bhd saw its profit more than halve to RM218.67mil in the fourth quarter ended Dec 31, 2021 (4Q21) from RM543.42mil in the same quarter a year ago.

For 4Q21, the glovemaker’s revenue decreased by 29.26% to RM924.56mil as compared with RM1.31bil in 4Q20 due to lower revenue from all three divisions.

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Kossan , glove , ASP

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