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MD and largest shareholder sells more Comfort Gloves shares, left with less than 5% stake

MD and largest shareholder sells more Comfort Gloves shares, left with less than 5% stake
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Kuala lumpurCheang phoy kenRubber corp bhdComfort gloves bhdComfort glovesIntegrated rubber corpகுவாலா லம்பூர்ரப்பர் கார்ப் ப்ட்ஆறுதல் கையுறைகள் ப்ட்ஆறுதல் கையுறைகள்

Comfort Gloves records highest-ever quarterly net profit, declares 5 sen dividend

KUALA LUMPUR (March 15): Comfort Gloves Bhd’s fourth quarter net profit rose by a whopping 1,246% to a record RM137.87 million, from RM10.24 million a year earlier, underpinned by higher sales volume and average selling prices. Earnings per share for the quarter ended Jan 31, 2021 shot up to 23.65 sen from 1.78 sen, the group said in a stock exchange filing.

Kuala lumpurComfort gloves bhdComfort glovesகுவாலா லம்பூர்ஆறுதல் கையுறைகள் ப்ட்ஆறுதல் கையுறைகள்

Comfort Gloves posts record earnings in Q4 despite shipment delays

said its near term financial prospects remained strong after the company posted its best ever quarterly performance. The company told Bursa Malaysia today that shipping delays due to port congestions and slow container turnaround in the last quarter ended Jan 31, 2021 (Q4FY21) has resulted in higher than usual glove stockpile going into the first quarter of this year. The ripple effect of the shipping situation has caused higher inventory than usual and 25% of shipments in this quarter to be delivered to 1st Quarter of the financial year ended 2022 (1QYE22), it said. Despite the delays, Comfort Gloves continued to post another record quarterly profits, thanks to rising selling prices.

Kuala lumpurComfort glovesBursa malaysiaCorporate newsGlove makerகுவாலா லம்பூர்ஆறுதல் கையுறைகள்பெருநிறுவன செய்திகையுறை தயாரிப்பாளர்

Glove stocks make strong rebound ahead of earnings results

Glove stocks make strong rebound ahead of earnings results
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Kuala lumpurSea holdingsComfort glovesPetronas chemicalsSouth koreaHong kongHang sengCorporate newsBursa malaysiaFbm klciகுவாலா லம்பூர்ஈயா ஹோல்டிங்ஸ்ஆறுதல் கையுறைகள்பெட்ரோனாக்கள் இரசாயனங்கள்தெற்கு கொரியாஹாங் காங்

RM27 65b market cap evaporates as investors flee from glove stocks

Selling pressure on the glove stocks has yet to dry up, wiping off market capitalisation of RM27.65 billion from the big four manufacturers, namely Top Glove Corp Bhd, Hartalega Holdings Bhd, Supermax Corp Bhd and Kossan Rubber Industries Bhd.

Kuala lumpurSdn bhdInari amertron bhdHartalega holdings bhdTop glove corp bhdKossan rubber industries bhdSupermax corp bhdKossan rubber industriesSecurities sdn bhdLoui lowBursa malaysiaComfort glovesகுவாலா லம்பூர்ஸ்டன் ப்ட்மேல் கையுறை கார்ப் ப்ட்சூப்பர்மேக்ஸ் கார்ப் ப்ட்