Kumpulan Perangsang 3Q net profit jumps 58%, declares two sen dividend - News Summed Up

Kumpulan Perangsang 3Q net profit jumps 58%, declares two sen dividend


Revenue grew 19% to RM360.1 million from RM302.34 million, its bourse filing showed. KPS also announced an interim dividend of RM10.7 million or two sen per share for FY21, payable on Dec 30. Meanwhile, its industrial tooling division saw higher sales, amid stronger traction from new and existing customers, supported by a steady retail sentiment and consumer demand in the US. Looking ahead, the group said supply chain and labour challenges will likely still remain but expects its operations to progress in the next quarter. KPS shares closed unchanged at 73 sen, giving it a market capitalisation of RM392.3 million.


Source: The Edge Markets November 25, 2021 22:46 UTC



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