新2开户(www.hg108.vip):Kossan 2Q net profit tumbles 96% to RM46mil

时间:21小时前   阅读:8   评论:1

皇冠现金网www.hg108.vip)是一个开放皇冠正网即时比分、皇冠现金网开户的平台。皇冠现金网开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP,提供皇冠信用网代理开户、皇冠信用网会员开户业务。

KUALA LUMPUR: Kossan Rubber Industries Bhd, which saw its net profit tumble to RM46mil in the second quarter ended June 30 (2Q22), from RM1.06bil a year earlier, expects the performance in the second half of FY22 to be challenging.

The rubber glove manufacturer said in the near term, the glove industry will be confronted by an oversupply situation as a result of overstocking and subsequent inventory adjustments from customers, forcing the average selling price (ASP) to come down.

In addition, Kossan said surplus installed capacity arising from existing and new entrants, higher energy costs as a result of the Russia-Ukraine conflict, and the increase in minimum wages will continue to impact the glove industry.

“As such, the group expects to encounter strong headwinds in the second half of FY22. Over the longer-term, global glove demand is expected to remain on a growth path as a result of a shift in glove usage due to higher healthcare standards and hygiene awareness in both the medical and non-medical sectors,” it said.

Kossan expects the technical rubber products (TRP) division to deliver a satisfactory performance in the second half of FY22.

,

新2开户www.hg108.vip)是一个开放皇冠正网即时比分、新2开户的平台。新2线上开户平台(www.hg108.vip)提供最新皇冠登录,皇冠APP下载包含新皇冠体育代理、会员APP。

,

“Due to the headwinds affecting the glove sector, the group expects the performance in the second half of FY2022 to be challenging.

“As such, the group will place its near-term expansion plans on hold subject to prevailing market conditions. However, the group remains positive on the glove industry and will continue to focus our efforts on accelerating our transformation and reinvestments into digitalisation and automation to increase productivity and efficiency,” it said.

In the second quarter ended June 30, Kossan’s revenue stood at RM589.86mil, a decrease of 73.6% as compared with RM2.24bil in 2Q21 due to the decrease in revenue from the gloves, TRP and clean-room divisions.

Its earnings per share for the quarter fell 1.8 sen compared with 41.72 sen previously.

For the first six months to June 30, Kossan posted a net profit of RM136.1mil against RM2.1bil a year ago, while revenue fell 71% to RM1.28bil from RM4.43bil last year due to lower revenue from all three divisions.


转载说明:本文转载自Sunbet。

上一篇:Telegram中文群组搜索:新增PC版!《苍穹雷霆Gunvolt3》今年冬天登陆Steam

下一篇:中超综合消息:“武汉德比”三镇狂胜 成都蓉城队史中超首胜

网友评论