Hartalega shutting Bestari Jaya facility to boost efficiencies thesundaily.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thesundaily.my Daily Mail and Mail on Sunday newspapers.
PETALING JAYA: Glove marker Hartalega Holdings Bhd announced today it would be decommissioning its production facility in Bestari Jaya, Selangor, which would lead to an impairment loss of RM347 million for FY2023.
KUALA LUMPUR: Hartalega Holdings Bhd CEO Kuan Mun Leong reiterated a positive view on the long-term prospects of the company as the oversupply situation continues to weigh on earnings.
KUALA LUMPUR: Hartalega Holdings Bhd will prioritise sustaining its market share and remaining competitive in a global industry hit by the oversupply of rubber gloves from existing manufacturers and newcomers post-pandemic.
PETALING JAYA: Hartalega Holdings Bhd will continue to emphasise cost management, efficiency improvement and automation initiatives across its operations amid the challenging business landscape to ensure business sustainability and adaptability.