Capacity growth augurs well for glove maker Kossan

The glove maker’s planned capacity expansion includes phase one of its Meru, Klang, plant being slated to produce two billion pieces per annum, phase two of the plant being designated for a production capacity of three billion pieces per annum and its Bidor, Perak, plant with four billion pieces capacity.

PETALING JAYA: Kossan Rubber Industries Bhd, which posted a more than eight-fold surge in net profit in the second quarter (Q2), is in a good position to ride out the competition with its planned capacity expansion over the next two years.

The glove maker’s planned capacity expansion includes phase one of its Meru, Klang, plant being slated to produce two billion pieces per annum, phase two of the plant being designated for a production capacity of three billion pieces per annum and its Bidor, Perak, plant with four billion pieces capacity.