Kossan net profit tumbles to RM90mil in 1Q


KUALA LUMPUR: Kossan Rubber Industries Bhd’s net profit tumbled to RM90.1mil in the first quarter ended March 31 (1Q22) from RM1.04bil in the previous corresponding period, due to lower revenue from its gloves and clean-room divisions.

The glovemaker’s revenue during the quarter fell to RM690.63mil from RM2.19bil a year earlier.

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Kossan , gloves , ASP , net profit

   

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