Hartalega 2Q net profit jumps more than 4-fold to RM545m


Hartalega CEO Kuan Mun Leong said the Covid-19 pandemic continues to drive heightened global demand for medical supplies, including gloves which are critical personal protective equipment.

KUALA LUMPUR: Hartalega Holdings Bhd's net profit jumped 424% to RM544.96mil in the second quarter ended Sept 30,2020 from RM103.86mil a year ago, riding on the surge in demand due to the on-going Covid-19 pandemic.

The glove maker reported on Tuesday its revenue increased by 89.7% to RM1.34bil from RM709.42mil. Its earnings per share were 15.95 sen compared with 3.09 sen.

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Hartalega , gloves , selling price , pandemic

   

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