1QFY10 results preview. Kossan is due to announce its 1QFY10 results
later this week. We expect Kossan to post low double-digit yoy revenue and net profit growth due to a combination of: 1) higher volume sales for the glove segment; 2) improved demand for its TRP products as a result from the economic recovery; and 3) margin expansion due to the improvement in sales mix as more higher value gloves were sold during the quarter.
Kossan Rubber Industries Berhad : Expecting Low Double-Digit YoY Revenue And Earnings Growth For 1Q10 - 17/...
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