Supermax beats estimates, sees healthier performance in coming quarters

KUALA LUMPUR: Glove maker Supermax Corp Bhd beat estimates for the full year ended June 30 and signalled that earnings growth will remain strong in the coming quarter on the back of rising selling prices.

"The highest average selling prices (ASPs) have not been reflected this current quarter and we are optimistic that our own brand manufacturing (OBM) cum distribution business model will exhibit even healthier performance in the coming quarters," the company said in a statement today.