Page 4 - Rubberex Corpm Bhd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Rubberex corpm bhd. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Rubberex Corpm Bhd Today - Breaking & Trending Today

Rubberex 2Q earnings surge 182% to RM65 mil on strong glove demand

KUALA LUMPUR (Aug 27): Rubberex Corp (M) Bhd's net profit for the second quarter ended June 30, 2021 surged 182% to RM64.66 million, from RM22.96 million a year ago, on strong demand for gloves despite the gradual easing of prices. ....

Kuala Lumpur , Choo Meng , Movement Control Order , Rubberex Corpm Bhd , Rubberex Corp , Datuk Eddie Ong Choo Meng ,

Good days are over for glove stocks?

THE share price rally in glovemakers on Bursa Malaysia appears to have been exhausted as shares of the companies failed to recover losses made on Tuesday after logistical concerns were raised on the distribution of the potential Covid-10 vaccine candidate by US drugmaker Pfizer Inc and German biotech firm BioNTech SE.With money moving into cyclical counters like banks and utilities, the seven major-listed rubber glove counters, which lost a total of RM19 billion in market capitalisation on Tuesday, struggled to retrace losses yesterday.Malacca Securities Sdn Bhd head of research Loui Low said the announcement of the success of Pfizer’s Covid-19 vaccine on Monday has fundamentally changed the way investors invest and trade at this juncture. ....

Sdn Bhd , Aminvestment Bank Research , Top Glove Corp Bhd , Rubberex Corpm Bhd , Hartalega Holdings Bhd , Careplus Group Bhd , Pfizer Inc , Kossan Rubber Industries Bhd , Supermax Corp Bhd , Bursa Malaysia , Securities Sdn Bhd , Loui Low , Malaysian Reserve , Glove Corp Bhd , Holdings Bhd , Comfort Gloves Bhd , Rubberex Corp , Top Glove , Healthcare Index , ஸ்டன் ப்ட் , மேல் கையுறை கார்ப் ப்ட் , கவனக்குறைவு குழு ப்ட் , ஃபைசர் இன்க் , சூப்பர்மேக்ஸ் கார்ப் ப்ட் , பத்திரங்கள் ஸ்டன் ப்ட் , லூயி குறைந்த ,

Rubberex 1Q net profit soars to record high of RM86.57m on higher glove demand and selling prices


KUALA LUMPUR (May 28): Rubberex Corp (M) Bhd s net profit for the first quarter ended March 31, 2021 (1QFY21) surged nine times to a record high of RM86.57 million from RM9.26 million a year ago, on higher demand for glove products and higher average glove selling prices.
Its quarterly revenue also jumped more than two times to RM175.24 million, from RM66.43 million a year ago, its filing to Bursa Malaysia showed.
The group did not declare any dividend for the latest quarter.
The group said its reported profit included a gain of RM5.9 million from the dissolution and deregistration of Rubberex (Hong Kong) Ltd, a wholly-owned subsidiary of the company, from the Companies Registry of Hong Kong in February. ....

Kuala Lumpur , Hong Kong , Khoo Chin Leng , Choo Meng , Rubberex Hong Kong Ltd , Companies Registry Of Hong Kong , Rubberex Corpm Bhd , Rubberex Corp , Bursa Malaysia , Companies Registry , Datuk Eddie Ong Choo Meng , Kinta District , குவாலா லம்பூர் , ஹாங் காங் , கூ கன்னம் லெங் , சூ மெங் , நிறுவனங்கள் பதிவு ஆஃப் ஹாங் காங் , நிறுவனங்கள் பதிவு , கீந்த மாவட்டம் ,