Supermax quarterly net profit tops RM1bil  


KUALA LUMPUR: Supermax Corp Bhd joined bigger rival Hartalega Holdings Bhd to post RM1bil net profit in one quarter, propelled by rising glove prices amid robust demand for the protective gear.

The Group’s revenue and profit after tax in the three-month ended Dec 31 expanded by 47.8% and 32.9% respectively from the immediate preceding quarter, as new Covid-19 cases around the world continued to climb.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Supermax Corp , glove maker

   

Next In Business News

Trading ideas: IJM, RHB, MR DIY, Haily, Infomina, Radium, Key Asic, TMK, TopVision, KPJ, PetDag, KLCCP, SP Setia, IOI Prop, MPI
Oil falls more than US$2 a barrel on possible Middle East peace deal
Wall St closes higher; small-caps hit record high after Trump nominates Bessent
Chinese electric vehicle brands are spreading to Azerbaijan
Bond market halts run as buyers pounce on 4.5% yields
Murky 2025 for currently strong US dollar
BYD’s hybrid pickup targets Australia’s love of petrol-guzzlers
Dai Nippon says Elliott has sold most of its stake
What changing US AI policy means to S. Korea
NCCP 2.0 to have wide-ranging impact

Others Also Read