Kossan Rubber Industries Bhd reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was MYR 403.48 million compared to MYR 560.52 million a year ago. Net income was MYR 40.97 million compared to MYR 23.26 million a year ago. Basic earnings per share from continuing operations was MYR 0.0161 compared to MYR 0.0091 a year ago.
For the nine months, sales was MYR 1,185.73 million compared to MYR 1,834.78 million a year ago. Net income was MYR 13.42 million compared to MYR 159.36 million a year ago. Basic earnings per share from continuing operations was MYR 0.0053 compared to MYR 0.0625 a year ago.