Players have enjoyed supernormal profits, given the surge in both demand and the average selling prices of gloves. As a result, listed local glove producers have experienced a meteoric rally in their share prices, with Supermax Corp Bhd and Top Glove Corp Bhd jumping by as much as 1,100% for and 330% respectively this year.
THE rubber glove sector has been one of the biggest winners during the outbreak of the coronavirus (Covid-19) pandemic.
Players have enjoyed supernormal profits, given the surge in both demand and the average selling prices of gloves.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
