KPS Shows Resilient Revenue and Earnings Growth in 3Q21 Amidst Challenges

· Outpaced challenges, delivering strong YoY and sequential results
· An interim dividend of 2 sen per share announced

SHAH ALAM, Malaysia, Nov 25 (Bernama) — Kumpulan Perangsang Selangor Berhad
 (“KPS” or “the Company” or “the Group”, Bursa: 5843; Bloomberg: KUPS MK; Reuters: KPSB.KL) today reported a 19% year-on-year (“YoY”) growth in revenue to RM360.1 million for the quarter ended 30 September 2021 on steady sales across its manufacturing business and positive momentum in the manufacturing activities locally and globally. Operating Profit leapt 76% to RM40.4 million. Profit Attributable to the Owners of the Parent grew by 59%, settling at RM25.7 million. KPS delivered a stronger year-on-year (“YoY) and sequential quarter amidst a challenging operating landscape throughout the third quarter. 

http://mrem.bernama.com/viewsm.php?idm=41718

administrator

Related Articles