KPS Earnings Slide in 2Q20 Despite 39% Growth in Revenue

Kumpulan Perangsang Selangor Berhad (“KPS” or “the Company” or “the Group”, Bursa: 5843; Bloomberg: KUPS MK; Reuters: KPSB.KL) reported a 39% year-on-year (“YoY”) growth in revenue to RM221.5 million for the quarter ended 30 June 2020 with the recognition of Toyoplas Manufacturing (Malaysia) Sdn Bhd’s (“Toyoplas”) contribution in the second quarter this year. However, COVID-19 has […]

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