KUALA LUMPUR: Kossan Rubber Industries Bhd
’s net profit surged to RM151.31 million for the financial year of 2025 ended Dec 31, 2025 (FY2025) from RM118.34 million in FY2024.
Revenue, however, declined to RM1.75 billion from RM1.92 billion previously, weighed down by lower gloves division, technical rubber products (TRP) and clean-room divisions, it said in a filing with Bursa Malaysia today.
"The gloves division recorded revenue of RM1.46 billion for FY2025, representing an 8.89 per cent decline compared with FY2024.
"This was primarily attributed to the sudden 10-day stop in production in April following a gas supply shut-off by Gas Malaysia due to a pipeline explosion in Putra Heights, and the strengthening of the ringgit against the US dollar,” it said.
In addition, it said the TRP division’s revenue decreased by 6.81 per cent to RM187.8 million in FY2025 compared with RM201.6 million in FY2024, mainly due to the sudden 10-day stop in production in April, lower deliveries and the strengthening of the ringgit against the US dollar.
"Also, the clean-room division’s revenue decreased by 10.70 per cent to RM102.2 million in FY2025 compared with RM114.5 million in FY2024,” it said.
In the fourth quarter of 2025 (4Q 2025), Kossan Rubber Industries’ net profit improved to RM46.67 million from RM27.70 million in 4Q 2024, while revenue fell to RM439.48 million from RM517.90 million previously.
On prospects, it said against global uncertainties, the group continues to advance its transformation programme, focusing on automation, digital solutions and cost optimisation to enhance operational efficiency and strengthen cost management.
"The recent strengthening of the ringgit against the US dollar may have a short-term impact on revenue, but the group’s established foreign exchange hedging mechanisms and prudent financial management help mitigate this effect,” it said.
Kossan Rubber Industries said the TRP division is expected to operate in a challenging environment in 2026 amid continued market uncertainties and cost pressures.
"The infrastructure sector is anticipated to record a modest recovery compared with 2025, while the automotive sector is expected to face ongoing margin pressure.
"For clean-room division, the group anticipates this division will operate under stable conditions in FY2026,” it said. - Bernama
