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Hartalega: Malaysian glove sector s global dominance to persist

Hartalega: Malaysian glove sector s global dominance to persist
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Kuan mun leongHartalega holdings bhdHoldings bhdகுவான் முன் லியோங்ஹோல்டிங்ஸ் ப்ட்

Large profit but soft prices

declined by 1.56% to 3.27%. Rakuten Trade Sdn Bhd head of equity sales Vincent Lau said investors are taking the view that global glove production capacities ramping up, including in China, would mean supply would be greater than the increase in demand in the coming years. “Glove ASPs are trending lower. With Covid-19 vaccinations ramping up and some countries saying they will learn to live with the virus, the super profits of glove makers are seen as unlikely to continue,” Lau told StarBiz. Rakuten Trade Sdn Bhd head of equity sales Vincent Lau said investors are taking the view that global glove production capacities ramping up, including in China, would mean supply would be greater than the increase in demand in the coming years.

Bukit kayu hitamMalaysia generalSdn bhdKuan mun leongVincent lauTop glove corp bhdKossan rubber industries bhdSupermax corp bhdTop glove corpSupermax corpKossan rubber industriesTrade sdn bhdMun leongBursa malaysiaஸ்டன் ப்ட்குவான் முன் லியோங்

Hartalega s Q1 net profit surges to RM2 26b on higher revenue | Daily Express Online

Published on: Wednesday, August 04, 2021 By: Bernama Text Size: Kuala Lumpur: Hartalega Holdings Bhd’s net profit for the first quarter (Q1) ended June 30, 2021 jumped to RM2.26 billion from RM219.72 million while revenue soared to RM3.90 billion versus RM920.08 million. In a statement Tuesday, chief executive officer Kuan Mun Leong said the glove maker’s performance was achieved on the back of higher average selling prices (ASP) and increased sales volume, although this was partially offset by the increase in raw material prices. “Moving forward, while average selling prices for nitrile gloves have been declining from its peak, global demand is expected to remain heightened, particularly due to new Covid-19 variants affecting countries worldwide,” he said.

Kuala lumpurKuan mun leongHartalega holdings bhdIndustry immunisation programmePartnership covidPublic private partnershipImmunisation programmeகுவாலா லம்பூர்குவான் முன் லியோங்பொது ப்ரைவேட் கூட்டுநோய்த்தடுப்பு ப்ரோக்ராம்

Hartalega s Q1 net profit surges to RM2 26b on higher sales revenue | Money

Tuesday, 03 Aug 2021 02:29 PM MYT KUALA LUMPUR, Aug 3 ― Hartalega Holdings Bhd’s net profit for the first quarter (Q1) ended June 30, 2021 jumped to RM2.26 billion from RM219.72 million while revenue soared to RM3.90 billion versus RM920.08 million. In a statement today, chief executive officer Kuan Mun Leong said the glove maker’s performance was achieved on the back of higher average selling prices (ASP) and increased sales volume, although this was partially offset by the increase in raw material prices. “Moving forward, while average selling prices for nitrile gloves have been declining from its peak, global demand is expected to remain heightened, particularly due to new Covid-19 variants affecting countries worldwide,” he said.

Kuala lumpurKuan mun leongIndustry immunisation programme pikasHartalega holdings bhdPartnership covidPublic private partnershipImmunisation programmeகுவாலா லம்பூர்குவான் முன் லியோங்பொது ப்ரைவேட் கூட்டுநோய்த்தடுப்பு ப்ரோக்ராம்

Hartalega posts record quarterly net profit of RM2 26bil

Hartalega posts record quarterly net profit of RM2 26bil
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Kuala lumpurKuan mun leongIndustry immunisation programme pikasHartalega holdings bhdPartnership covidHartalega holdingsMun leongPublic private partnershipImmunisation programmeகுவாலா லம்பூர்குவான் முன் லியோங்முன் லியோங்பொது ப்ரைவேட் கூட்டுநோய்த்தடுப்பு ப்ரோக்ராம்