A healthcare worker in personal protective equipment with 'Fight Covid-19' written on his glove. Supermax on Thursday said glove prices have dropped substantially, with spot prices at much lower level compared with contracted prices.
KUALA LUMPUR: Glove maker Supermax Corp Bhd
net profit slipped below RM1bil for the first in three quarters due to falling average selling prices (ASPs).
The company posted a net profit of RM959mil, or 36.9 sen a share on revenue of RM1.86bil in the three-month ended June 30.
For the full year, net profit was RM3.8bil, or RM1.47 sen a share. Supermax has declared a special dividend payout of 15 sen a share, the company said in a filing with Bursa Malaysia today.
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