Sri Trang Gloves Thailand Plc (STGT) saw earnings grow 165% year-on-year in the second quarter of this year to 13 billion baht with profits surging 591% to 7.28 billion baht, driven by massive global demand for medical gloves amid the pandemic.
As a series of new Covid-19 clusters prompt factory shutdowns and losses to business and the economy, a top banker has warned the shambolic vaccine rollout could cripple Thailand's manufacturing industry.
SARABURI: A chicken processing plant belonging to CP Foods in Kaeng Khoi district of this central province has been closed after 245 of its workers were found to have Covid-19.
SET-listed Sri Trang Gloves (Thailand) Plc (STGT), a manufacturer and distributor of natural latex powdered and nitrile gloves, successfully listed its shares on Singapore Exchange (SGX) on Monday with the trading symbol "STG".