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Kossan Rubber Industries (KLSE) investor relations material
Kossan Rubber Industries Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue for 1H26 rose 19.51% year-over-year to RM1.04 billion, with profit before tax up 45.13% to RM124.4 million and profit after tax up 55.42% to RM104.8 million.
All divisions posted higher revenue and profit, led by the Gloves division, which saw a 21.02% revenue increase and a 58.91% jump in profit before tax year-over-year.
Sequentially, 2Q26 revenue grew 20.95% and profit before tax surged 69.07% from 1Q26, driven by higher average selling prices and improved production efficiencies.
Financial highlights
Net assets per share increased to 150.54 sen as at 30 June 2026 from 146.18 sen at 31 December 2025.
Cash and bank balances stood at RM957.3 million at 30 June 2026, up from RM920.3 million at year-end 2025.
Operating profit for 1H26 was RM124.6 million, up 44.27% year-over-year.
Basic earnings per share for 1H26 was 4.12 sen, compared to 2.63 sen in 1H25.
Outlook and guidance
The glove industry is showing gradual recovery, but faces persistent global oversupply and raw material cost volatility.
The group expects satisfactory performance for FY2026, focusing on operational efficiency, cost competitiveness, and business resilience.
Technical Rubber Products division expected to remain resilient amid mixed market conditions.
- Revenue and profit before tax dipped year-over-year, but EPS and profit after tax improved.KLSE
Q1 2026 - Profit before tax rose 11.29% to RM175.1 million despite an 8.78% revenue decline.KLSE
Q4 2025 - Profitability improved despite lower revenue, with a cautiously optimistic outlook for FY2025.KLSE
Q3 2025 - 2QFY2025 net profit held steady despite revenue drop from a gas supply disruption.KLSE
Q2 2025 - Strong glove sales drove 9M24 profit surge, with US tariffs set to boost future demand.KLSE
Q3 2024 - Strong 1H24 profit turnaround driven by glove sales and margin gains amid industry headwinds.KLSE
Q2 2024 - Q1 2025 saw higher revenue and profit, but cash reserves declined on capital actions.KLSE
Q1 2025 - FY2024 profit soared on glove sales rebound, with cautious optimism for 2025.KLSE
Q4 2024
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