Kossan Rubber Industries Bhd.MYX: KOSSAN

KOSSAN: Strong 1H24 profit turnaround driven by glove sales and margin gains amid industry headwinds

· Issued by Kossan Rubber Industries Bhd.

Revenue and profit rebounded strongly in 1H24, led by the Gloves division's sales and margin recovery. Despite ongoing industry and logistics challenges, the group remains cautiously optimistic for FY2024.

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