Kossan's Profit Surges Seven Fold In First 9 Months
Kossan's Profit Surges Seven Fold In First 9 Months
For the third quarter ended 30 September 2024, the Group recorded an increase in revenue for all division with a total of RM 507.4 million, an increase of 25.8% as compared with RM 403.5 million in 3Q23. Profit before taxation (PBT) was RM 39.7 million as compared with RM 49.0 million in 3Q23
Rubber glove manufacturer, Kossan Rubber for the current financial period ended 30 September 2024 recorded revenue of RM 1.39 billion, which is an increase of 17.1% as compared with RM 1.19 billion in corresponding period ended 30 September 2023. Profit before taxation (PBT) for 9M24 was RM 119.3 million as compared with profit before taxation of RM 32.4 million for 9M23, As for profit after taxation, the group saw a jump to RM92 million against RM13 million recorded in the first 9 months of 2023.
橡胶手套制造商Kossan Rubber在截至2024年9月30日的本财政期间的收入为13.9令吉，与截至2023年9月30日的同期11.9令吉相比，增长了17.1％。9M24的税前利润（PBT）为11930万令吉，而9M23年度的税前利润为3240万令吉。至于税后利润，该集团从2023年前9个月的1300万令吉跃升至9200万令吉。
The group said the gloves division's revenue increased by 19.9% to RM 1.14 billion in 9M24 as compared with RM 954.6 million in 9M23 mainly due to improved sales volume. PBT was RM 78.6 million as compared with loss before taxation of RM 15.8 million for the same corresponding period. The increase was mainly due to higher revenue recorded and improved production efficiencies but partially offset by higher raw material cost and unrealised foreign exchange loss.
该集团表示，该手套部门的收入在24年第9季度增长了19.9％，达到11.4令吉，而23年9月的收入为95460万令吉，这主要是由于销售量的增加。PbT为7860万令吉，而同期税前亏损为1580万令吉。增长主要是由于收入增加和生产效率的提高，但部分被原材料成本的上涨和未实现的外汇损失所抵消。
The TRPs division's revenue recorded at RM 160.8 million in 9M24 as compared with RM 160.3 million in 9M23. However, the PBT decreased by 9.6% to RM 24.8 million in 9M24 as compared with RM 27.5 million in 9M23 mainly due to higher raw materials cost and unrealised foreign exchange loss. The Clean-Room division's revenue increased by 18.3% to RM 83.7 million in 9M24 as compared with RM70.8 million in 9M23. PBT recorded was at RM 6.9 million in 9M24 as compared with RM 6.8 million in 9M23.
TRPS部门在24年第9个月的收入为16080万令吉，而23年9月的收入为16030万令吉。但是，与23年9月的2750万令吉相比，PbT在24年9个月下降了9.6％，至2480万令吉，这主要是由于原材料成本上涨和未实现的外汇损失。洁净室部门的收入在24年第9季度增长了18.3％，达到8370万令吉，而23年9月的收入为7080万令吉。PbT在24年9个月的记录为690万令吉，而23年上午的记录为680万令吉。
For the third quarter ended 30 September 2024, the Group recorded an increase in revenue for all division with a total of RM 507.4 million, an increase of 25.8% as compared with RM 403.5 million in 3Q23. Profit before taxation (PBT) was RM 39.7 million as compared with RM 49.0 million in 3Q23
在截至2024年9月30日的第三季度中，集团所有部门的收入均有所增长，总收入为50740万令吉，与23年第三季度的40350万令吉相比增长了25.8％。税前利润（PBT）为3970万令吉，而23年第三季度为4900万令吉
On future prospects, the group said the tariff increase by US on China gloves rising from the current 7.5% to 50% next year 2025 and 100% by 2026 is expected to channel a considerable volume of U.S. orders toward glove manufacturers in other
countries, particularly Malaysia. However, it added the benefits of this redirected demand will be partly offset by the recent strengthening of the ringgit against the U.S. dollar.
关于未来前景，该组织表示，美国对中国手套的关税将在明年2025年从目前的7.5％提高到50％，到2026年提高到100％，预计将把相当数量的美国订单引向其他国家的手套制造商
国家，特别是马来西亚。但是，它补充说，这种需求重定向的好处将被最近令吉兑美元的走强部分抵消。
Additionally, the domestic glove manufacturers, who have already undergone consolidation and capacity adjustments, may face challenges in scaling up production due to current foreign workers supply constraints.
此外，由于当前的外国工人供应限制，已经进行了整合和产能调整的国内手套制造商在扩大产量方面可能面临挑战。
