DailySpaceKossan Rubber Industries Bhd.
7153 · Main Market主板（Main Market） · annual reports 2023 to 2025, 1789 entries read2023 至 2025 年报，共读出 1789 条
The company这家公司
Kossan Rubber Industries Bhd. was founded in 1979 by Tan Sri Dato’ Lim Kuang Sia to manufacture rubber cutlass bearings for fishing boat propellers. The group expanded into glove manufacturing in 1988, high technical infrastructure rubber products in 2001, and cleanroom disposable products in 2011.Kossan Rubber Industries Bhd. 由 Tan Sri Dato’ Lim Kuang Sia 于 1979 年创立，最初生产渔船螺旋桨橡胶轴承。集团随后于 1988 年涉足手套制造，2001 年拓展至高科技基建橡胶产品，并于 2011 年进军无尘室一次性用品。
Source: annual report 2024, pages 6, 7.出处：2024 年年报第 6、7 页。
In 2024, the gloves division recorded revenue of RM1.60 billion, the technical rubber products division RM201.6 million, and the cleanroom division RM114.5 million. In 2025, glove sales to the United States represented approximately 60% of total glove volume, while a single customer accounted for 18.9% of group revenue (RM330.1 million).2024 年，手套部门营业额为 RM1.60 billion，特种橡胶产品部门为 RM201.6 million，无尘室部门为 RM114.5 million。2025 年，对美国的手套销量约占手套总销量的 60%，手套部门的一家客户占集团总营业额的 18.9%（RM330.1 million）。
Source: annual report 2024, page 15; annual report 2025, pages 11, 114.出处：2024 年年报第 15 页；2025 年年报第 11、114 页。
The largest shareholder is Kossan Holdings (M) Sdn. Bhd., which held 893,068,320 shares (35.12% in the 2024 report and 35.41% in the 2025 report). Other substantial shareholders in the 2025 report were the Employees Provident Fund Board with 143,221,800 shares (5.68%) and Aberdeen Group plc with an indirect interest of 142,420,500 shares (5.65%).公司最大股东为 Kossan Holdings (M) Sdn. Bhd.，持有 893,068,320 股（2024 年年报占 35.12%，2025 年年报占 35.41%）。2025 年年报中的其他主要股东包括持有 143,221,800 股（5.68%）的 Employees Provident Fund Board，以及通过子公司间接持有 142,420,500 股（5.65%）的 Aberdeen Group plc。
Source: annual report 2024, page 138; annual report 2025, page 143.出处：2024 年年报第 138 页；2025 年年报第 143 页。
Tan Sri Dato’ Lim Kuang Sia is the father of Lim Ooi Chow, the uncle of Lim Siau Tian and Lim Siau Hing, and the spouse of Puan Sri Datin Chow. Lim Siau Tian, Lim Siau Hing and Lim Ooi Chow are cousins.Tan Sri Dato’ Lim Kuang Sia 是 Lim Ooi Chow 的父亲、Lim Siau Tian 及 Lim Siau Hing 的叔伯，也是 Puan Sri Datin Chow 的配偶。Lim Siau Tian、Lim Siau Hing 与 Lim Ooi Chow 为堂表兄弟。
Source: annual report 2023, pages 115, 116; annual report 2025, pages 50, 51.出处：2023 年年报第 115、116 页；2025 年年报第 50、51 页。
En. Mohamed Shafeii bin Abdul Gaffoor vacated his office on 31 December 2025 under the 9-year tenure policy for independent directors, and Dato’ Chua Tia Guan was appointed Non-Independent Non-Executive Chairman on 2 January 2026. Senior Independent Non-Executive Director Lee Choo Hock retired on 29 May 2025 after serving nearly 12 years, and Lim Siau Hing resigned on 31 December 2025.En. Mohamed Shafeii bin Abdul Gaffoor 于 2025 年 12 月 31 日按独立董事九年任期政策卸任，Dato’ Chua Tia Guan 于 2026 年 1 月 2 日获委任为非独立非执行主席。高级独立非执行董事 Lee Choo Hock 在服务近 12 年后于 2025 年 5 月 29 日退休，Lim Siau Hing 于 2025 年 12 月 31 日辞职。
Source: annual report 2024, page 17; annual report 2025, pages 17, 52, 62, 66, 150.出处：2024 年年报第 17 页；2025 年年报第 17、52、62、66、150 页。
External revenue by segment, 2024 (RM'000)2024 年各部门外部营业额（千令吉）
Source: annual report 2024, page 110.出处：2024 年年报第 110 页。
Major events大事记
Source: annual report 2023, pages 12, 48.出处：2023 年年报第 12、48 页。
Source: annual report 2023, pages 15, 158.出处：2023 年年报第 15、158 页。
Source: annual report 2024, page 7.出处：2024 年年报第 7 页。
Source: annual report 2024, pages 13, 60.出处：2024 年年报第 13、60 页。
Source: annual report 2025, page 38.出处：2025 年年报第 38 页。
Source: annual report 2025, page 69.出处：2025 年年报第 69 页。
Revenue, profit and operating cash营业额、盈利与营运现金
Assets, equity, cash and borrowings资产、权益、现金与借款
20232023 年
In 2023, net cash from operating activities was RM202.8 million. Cash used in investing activities included RM87.0 million for the acquisition of property, plant and equipment and RM75.6 million for the acquisition of other investments. Cash used in financing activities included RM43.2 million for the repayment of term loans, RM18.6 million for net repayment of other borrowings, and RM63.8 million for dividends paid to owners of the company. Four ageing production plants were decommissioned, incurring an impairment loss on plant and machinery of RM35.4 million and write-offs of RM5.33 million.2023 年，营运活动所得现金净额为 RM202.8 million。投资活动所用现金包括购买物业、厂房及设备的 RM87.0 million 以及购买其他投资的 RM75.6 million。融资活动所用现金包括偿还定期贷款 RM43.2 million、净偿还其他借款 RM18.6 million，以及向公司股东支付股息 RM63.8 million。四座老旧生产厂房停产报废，导致厂房与机械产生减值亏损 RM35.4 million 及报废 RM5.33 million。
Source: annual report 2023, pages 15, 16, 147, 148, 158.出处：2023 年年报第 15、16、147、148、158 页。
20242024 年
In 2024, net cash from operating activities was RM125.7 million. Cash used in investing activities included RM303.1 million for the acquisition of property, plant and equipment, while proceeds from disposal of other investments were RM153.4 million. In financing activities, dividends paid to owners of the company were RM306.2 million, and repayment of term loans was RM0.29 million. An impairment loss of RM18.4 million on plant and machinery was reversed and written off, while property, plant and equipment write-offs totalled RM21.3 million.2024 年，营运活动所得现金净额为 RM125.7 million。投资活动所用现金包括购买物业、厂房及设备的 RM303.1 million，脱售其他投资所得款项为 RM153.4 million。融资活动方面，向公司股东支付股息 RM306.2 million，偿还定期贷款 RM0.29 million。厂房与机械之前确认的减值亏损 RM18.4 million 被转回并报废，物业、厂房及设备报废总计 RM21.3 million。
Source: annual report 2024, pages 13, 72, 73, 74, 76, 82, 100.出处：2024 年年报第 13、72、73、74、76、82、100 页。
20252025 年
In 2025, net cash from operating activities was RM351.5 million. Cash used in investing activities included RM311.5 million for the acquisition of property, plant and equipment, while proceeds from disposal of other investments were RM39.2 million. Financing outflows included RM59.3 million for the repayment of other borrowings, RM50.6 million for dividends paid to owners of the company, and RM35.5 million used to repurchase 23,216,800 treasury shares at an average price of approximately RM1.529 per share, while proceeds from other borrowings were RM18.5 million.2025 年，营运活动所得现金净额为 RM351.5 million。投资活动所用现金包括购买物业、厂房及设备的 RM311.5 million，脱售其他投资所得款项为 RM39.2 million。融资流出包括偿还其他借款 RM59.3 million、向公司股东支付股息 RM50.6 million，以及动用 RM35.5 million 以每股约 RM1.529 的平均价格回购 23,216,800 股库存股，另取得其他借款 RM18.5 million。
Source: annual report 2025, pages 69, 79, 80.出处：2025 年年报第 69、79、80 页。
Across the three years三年合看
The group maintained a net cash position across the three years. Cash and cash equivalents stood at RM1,271.3 million in 2023, RM976.1 million in 2024, and RM920.3 million in 2025. Total borrowings decreased from RM72.2 million in 2022 to RM10.4 million in 2023, rose to RM59.3 million in 2024, and fell to RM18.5 million in 2025. Total dividend payouts were 4.0 sen per share for 2023, 8.0 sen per share for 2024, and 4.0 sen per share for 2025.集团在这三年间均保持净现金头寸。现金及现金等价物在 2023 年为 RM1,271.3 million，2024 年为 RM976.1 million，2025 年为 RM920.3 million。总借款从 2022 年的 RM72.2 million 降至 2023 年的 RM10.4 million，2024 年升至 RM59.3 million，2025 年降至 RM18.5 million。2023 年的派息总额为每股 4.0 仙，2024 年为每股 8.0 仙，2025 年为每股 4.0 仙。
Source: annual report 2023, pages 19, 201; annual report 2024, pages 25, 127; annual report 2025, pages 13, 132.出处：2023 年年报第 19、201 页；2024 年年报第 25、127 页；2025 年年报第 13、132 页。
Still to be spent尚未支出的承诺
Capital commitments for property, plant and equipment contracted but not provided for stood at RM53.4 million at end 2023, RM52.2 million at end 2024, and RM24.1 million at end 2025.已签约但未在财务报表拨备的物业、厂房及设备资本承诺在 2023 年底为 RM53.4 million，2024 年底为 RM52.2 million，2025 年底为 RM24.1 million。
Source: annual report 2023, page 201; annual report 2024, page 127; annual report 2025, page 132.出处：2023 年年报第 201 页；2024 年年报第 127 页；2025 年年报第 132 页。
Four years of figures四年数字
Group figures, in RM thousand (×1,000), as printed in the statements.集团数字，单位千令吉（×1,000），照财务报表所印。
| Group集团 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | RM'000千令吉 | |
| Revenue营业额 | 2,343,764 | 1,591,043 | 1,916,171 | 1,749,441 |
| Profit before tax税前盈利 | 213,522 | 34,542 | 157,321 | 171,813 |
| Profit for the year年度盈利 | 159,212 | 16,316 | 120,777 | 154,102 |
| Net cash from operating activities营运活动所得现金净额 | 93,381 | 202,758 | 125,719 | 351,512 |
| Dividends paid to owners of the Company已付本公司股东股息 | (306,194) | (63,790) | (306,194) | (50,568) |
| Total assets总资产 | 4,327,148 | 4,202,324 | 4,107,583 | 4,090,272 |
| Total equity总权益 | 3,897,932 | 3,863,000 | 3,667,263 | 3,730,964 |
| Total borrowings总借款 | 72,231 | 10,439 | 59,255 | 18,464 |
| Cash and cash equivalents现金及现金等价物 | 1,348,010 | 1,271,323 | 976,128 | 920,326 |
| Other investments其他投资 | 724,567 | 822,708 | 690,610 | 667,784 |
On a computer, hover over a figure for the report and page it is printed on.在电脑上把鼠标移到数字上，可看到它印在哪份年报的哪一页。
Said and done说过的与做到的
| What the reports said年报说要做的 | What later reports show之后年报显示的 | Status状态 |
|---|---|---|
| Achieving ISO 14001 environmental management system certification across 100% of factories as an immediate focus将全厂 100% 获得 ISO 14001 环境管理体系认证作为近期工作重点 | Coverage increased from 78% in 2023 to 96% in 2024, and reached 100% of plants in 2025.覆盖率从 2023 年的 78% 提升至 2024 年的 96%，并于 2025 年达到 100% 的工厂。 Source: annual report 2023, pages 24, 52; annual report 2024, page 30; annual report 2025, page 13.出处：2023 年年报第 24、52 页；2024 年年报第 30 页；2025 年年报第 13 页。 | Completed已完成 |
| Recommended a final single tier dividend of 2.0 sen per ordinary share for FY2023, payable on 18 July 2024 subject to shareholders' approval建议派发 2023 财政年度每股 2.0 仙的终期单层股息，待股东批准后于 2024 年 7 月 18 日派发 | A final dividend of 2.0 sen per share totalling RM51,032,392 was declared on 16 April 2024 and paid on 18 July 2024.每股 2.0 仙总计 RM51,032,392 的终期股息于 2024 年 4 月 16 日宣派，并于 2024 年 7 月 18 日派发。 Source: annual report 2023, pages 13, 224; annual report 2024, pages 60, 107.出处：2023 年年报第 13、224 页；2024 年年报第 60、107 页。 | Paid已派发 |
| Senior Independent Non-Executive Director Lee Choo Hock would retire at the conclusion of the 45th AGM高级独立非执行董事 Lee Choo Hock 将在第 45 届股东常年大会结束后退休 | Lee Choo Hock retired from the board on 29 May 2025 at the 45th AGM.Lee Choo Hock 于 2025 年 5 月 29 日举行的第 45 届股东常年大会上从董事会退休。 Source: annual report 2024, pages 13, 47; annual report 2025, pages 17, 62.出处：2024 年年报第 13、47 页；2025 年年报第 17、62 页。 | Carried out已执行 |
| Enhancing sustainability disclosures by adopting IFRS S1 and S2 standards通过采纳 IFRS S1 与 S2 准则提升可持续发展信息披露 | The 2025 report presented the group's first ISSB Sustainability Statement applying IFRS S1 and IFRS S2.2025 年年报发布了集团首份应用 IFRS S1 与 IFRS S2 编制的 ISSB 可持续发展声明。 Source: annual report 2024, page 35; annual report 2025, pages 16, 22.出处：2024 年年报第 35 页；2025 年年报第 16、22 页。 | Carried out已执行 |
| Reactivating and strengthening the Greening Value Chain programme following a strategic pause in FY2024在 2024 财政年度战略暂停后，重新启动并加强绿色价值链计划 | The 2025 report noted that the programme continues to provide suppliers with access to the RM2 billion facility, while Scope 3 emissions coverage reached approximately 87%.2025 年年报指出该计划继续向供应商提供 RM2 billion 融资渠道，同时范围 3 排放覆盖率达到约 87%。 Source: annual report 2024, page 35; annual report 2025, page 37.出处：2024 年年报第 35 页；2025 年年报第 37 页。 | Still in progress仍在进行中 |
What the reports leave open年报留下待看的事
- Higher US tariffs on Chinese gloves led Chinese manufacturers to redirect export volumes to non-US markets, while Chinese producers are also expanding capacity into Southeast Asia.美国对中国制造手套加征更高关税促使中国厂商将出口转向非美国市场，同时中国生产商也在向东南亚扩张产能。
Source: annual report 2025, pages 11, 19.出处：2025 年年报第 11、19 页。
- The Malaysian minimum wage increased to RM1,700 per month effective 1 February 2025, and mandatory EPF contributions of 2% by both employers and employees for non-Malaysian workers were introduced from October 2025.马来西亚最低薪金自 2025 年 2 月 1 日起提高至每月 RM1,700，自 2025 年 10 月起向非马来西亚籍雇员推行雇主与雇员各 2% 的强制公积金缴纳。
Source: annual report 2025, page 10.出处：2025 年年报第 10 页。
- The Malaysian ringgit strengthened against the US Dollar in 2025, affecting translated earnings as export sales are largely denominated in US Dollars.马来西亚令吉在 2025 年对美元升值，由于出口销售主要以美元计价，汇率变动对折算收益造成影响。
Source: annual report 2025, pages 19, 21.出处：2025 年年报第 19、21 页。
- By 2035 the group aims to cut Scope 1 and 2 emissions intensity by 54.6% and divert 100% of waste from landfill; it also aims for all electricity used in its Gloves and TRP divisions to come from renewable sources.集团目标于 2035 年前将范围 1 和 2 排放强度降低 54.6%，并将 100% 的废弃物从垃圾填埋场分流；另亦以手套与 TRP 部门全部用电来自可再生能源为目标。
Source: annual report 2025, page 36.出处：2025 年年报第 36 页。
Facts as printed in the company's annual reports, with the page of each; no rating and no advice. Built 2026-11-06.内容为公司年报所印的事实，并注明页码；不评级，不构成投资建议。生成日期 2026-11-06。