KPS shows resilience

TheStar Mon, Nov 29, 2021 09:00am - 2 years View Original


The manufacturing business recorded 23% revenue growth y-o-y, contributing RM319mil to the group’s revenue compared to RM259mil in the corresponding quarter last year.(File pic shows the production of cement bags at the CBB plant in Johor.)

PETALING JAYA: Kumpulan Perangsang Selangor Bhd (KPS) has reported a 19% year-on-year (y-o-y) growth in revenue to RM360.1mil for the quarter ended Sept 30 on steady sales across its manufacturing business and positive momentum in the manufacturing activities locally and globally.

Operating profit leapt 76% to RM40.4mil.

Profit attributable to the owners of the parent grew by 59%, settling at RM25.7mil.

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