What does KOSSAN do?
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What does KOSSAN do?
KOSSAN is one of the largest manufacturers of disposable gloves in the world and one of the largest technical rubber products manufacturers in Malaysia with a broad-based market reach globally. It offers a wide range of products equipped with solid manufacturing capabilities with automation potentials.
Is kossan undervalued?
Now 22% undervalued after recent price drop Revenue has grown by 44% over the last 3 years. Earnings per share has grown by 85%. Revenue is forecast to decline by 34% in 2 years.
Who owns Kossan Rubber?
Tan Sri Lim Kuang Sia
Tan Sri Lim Kuang Sia is the Founder and Managing Director/CEO of Kossan Rubber Industries Bhd. Kossan Rubber is one of the world’s largest manufacturers of disposable latex gloves and is well recognised for its premium grade powder-free medical gloves.
What is the target price for kossan?
KOSSAN RUBBER INDUST
| Sell Buy | |
|---|---|
| Mean consensus | OUTPERFORM |
| Number of Analysts | 17 |
| Last Close Price | 1,28 MYR |
| Average target price | 1,79 MYR |
Is Topglove undervalued?
Because Top Glove Bhd is significantly undervalued, the long-term return of its stock is likely to be much higher than its business growth, which averaged 25.9% over the past five years. Link: These companies may deliever higher future returns at reduced risk.
Who are the shareholders of Top Glove?
TOP GLOVE CORPORATION BHD….2021.
| Name | Equities | % |
|---|---|---|
| Wee-Chai Lim | 2,205,843,256 | 26.9% |
| Firstway United Corp. | 554,966,328 | 6.76% |
| Employees Provident Fund | 392,403,966 | 4.78% |
| Bank of Singapore Ltd. | 295,233,800 | 3.60% |
Is Top Glove a good investment?
According to Bloomberg, the market consensus estimate anticipates Top Glove posting an annual net profit of RM554 million, which is only 7% of the profit made in FY2021, on revenue of RM6. 99 billion for FY2022.
What kind of company is top glove?
Public limited company
Top Glove Corporation Berhad is a Malaysian rubber glove manufacturer who also specialises in face masks, dental dams, and other products….Top Glove.
| Type | Public limited company |
|---|---|
| Industry | Rubber |
| Founded | 1991 |
| Founder | Lim Wee-Chai |
| Headquarters | Setia Alam, Malaysia |
Is Top Glove a multinational company?
As a multinational corporation, apart from serving the local needs, the firm can also enjoy the sales from the overseas business. For example, Top Glove has more than 900 customers and its products are exported to more than 180 countries.
What is top glove business model?
Top Glove relies on a two-pronged approach to grow — organic and inorganic growth. In terms of organic growth, its annual manufacturing capacity rose massively from 3.2 billion pieces in 2001 to 64 billion pieces in 2019.
What type of company is Top Glove?
Who is the owner of Top Glove?
Lim Wee Chai
Lim Wee Chai started Top Glove with his wife Tong Siew Bee in 1991 and took the company public in 2001. Top Glove is one of the world’s largest producers of rubber gloves. It has 50 factories with an annual capacity of 100 billion gloves.
What type of industry is Top Glove?
Rubber
How many departments are in Top Glove?
WHERE WE ARE. We operate in 7 countries with 50 factories and 5 offices.
Is Top Glove a MNC?
