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.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Kossan , glove , ASP

Next In Business News
Trading ideas: AirAsia X, Mega First, F&N, Mah Sing, NationGate, DXN, Capital A, Apex Healthcare, Lim Seong Hai, Southern Score, Mulpha, Kimlun, BWYS, Cabnet, Komark, Sentral REIT, Alpha IVF
MyDigital ID Phase 2 sandbox involves 18 banks
Wall St ends higher, buoyed by tariff relief, upbeat data
Guan Huat Seng slips on ACE Market debut
Cabnet wins RM15mil Johor electrical jobs
BNM keeps OPR at 2.75% as expected
AMS Advanced Material gets approval for listing
Cautious optimism amid macro uncertainty
CIMB wins plaudits for ESG,�inclusivity efforts
Elevated supply weighs on oil and gas industry

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.