Koil Manufacturing News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(KPS) reported RM1.1bil revenue for its fiscal 2020, setting a new financial milestone by surpassing the RM1bil revenue mark for the group’s performance.
For the quarter ended Dec 31,2020, the group posted revenue of RM318.6mil, higher than the pre-Covid-19 revenue it recorded in the corresponding quarter the year before of RM297.2mil.
The steady revenue growth during a period of uncertainty when the pandemic’s impact was still elevated was a show of the group’s success in balancing the tactical decisions needed to build operational and financial resilience while staying focused on its long-term strategic goals.
The group’s profit attributable to owners of the parent almost doubled to RM26.9mil from RM16.1mil it posted in the previous year. ....

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