The glove maker is receiving more large volume orders, especially from government agencies, as well as higher demand from non-medical markets, such as the food and beverage and airline, in tandem with higher healthcare awareness from Covid-19, CGS-CIMB research house said in a note yesterday.
KUALA LUMPUR: CGS-CIMB Research has reiterated its “add” call on Supermax Corp Bhd
, as the company expects global glove demand to stay robust for at least the next 12 months while average selling prices (ASPs) remain on a positive uptrend.
The glove maker is receiving more large volume orders, especially from government agencies, as well as higher demand from non-medical markets, such as the food and beverage and airline, in tandem with higher healthcare awareness from Covid-19, the research house said in a note yesterday.
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