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KUALA LUMPUR: Top Glove Corporation Bhd is on track to achieve its sales volume target of 43 billion pieces of gloves by the end of the financial year ending Aug 31, 2025 (FY2025), driven by increasing orders and improved operational efficiency.
PETALING JAYA: Top Glove Corp Bhd has returned to profitability, driven by strong sales volumes, and is in line with expectations of a better performance in the second half of financial year 2025 (2H25).
The Malaysian motor vehicle industry is on high rev again, with sales of electric vehicles (EVs) leaping upwards.
Malaysia's weaker year-to-date (y-t-d) vehicle sales could signal the start of a slowdown after several years of record-high demand since the Covid-19 pandemic.
PETALING JAYA: The earnings recovery momentum of the local rubber glove sector may be halted as the sales volumes and average selling prices (ASPs) trended down in January and February.
PETALING JAYA: UMediC Group Bhd's (UMC) prospects are expected to improve in the second half (2H) of its financial year ending July 31, 2025 (FY25) and beyond, driven by a recovery in sales volume for respiratory products in its manufacturing segment.
MyNews Holdings Bhd is poised to record a stronger net profit of RM5mil to RM6mil quarter-on-quarter in the first quarter of financial year 2025 (1Q25), driven by continued recovery across all its business units.
Aston Martin said on Monday it would raise more than 125 million pounds ($161.9 million) through funding from Chairman Lawrence Stroll's investment vehicle and the sale of its minority stake in the Formula One team he owns.
Local players within the rubber industry are likely to remain profitable albeit with various headwinds that are causing global uncertainties.
Despite starting at a slower pace, the sales of new vehicles are expected to rebound in the coming months, driven by wage and salary increases, analysts say.
LONDON, Feb. 21 (Xinhua) -- Britain's retail sales volumes are estimated to have increased by 1.7 percent in January, following a 0.6 percent decline in December, official data showed on Friday.
PETALING JAYA: Top Glove Corp Bhd may experience a slight slowdown in glove demand in the third quarter of its financial year ending Aug 31 (3Q25) as buyers from the United States had already been buying gloves ahead to the of higher US tariffs on Chinese gloves.
The substantial backlog of orders, particularly from the national car segment, is anticipated to drive sales volumes in the final two months of 2024. This is expected to bring the 2024 total industry volume (TIV) somewhat in line with that of 2023.
PETALING JAYA: The local automotive market is expected to continue operating in a "two-speed" mode for the rest of the year, with the affordable segment remaining resilient, while the premium segment faces headwinds, according to Kenanga Research.
Hartalega Bhd is poised to benefit from increases in sales volume and average selling prices (ASPs) thanks to higher US tariffs on China-imported medical gloves from 2025 onwards.
Bermaz Auto Bhd’s (BAuto) sales volume is expected to improve in the second half of the year, despite a challenging near-term environment in the Malaysian auto market.
Malaysia’s new vehicle sales, commonly known as total industry volume (TIV), are expected to soften in 2025 after hitting another record high last year, with the growth of electric vehicle (EV) sales unlikely to significantly move the needle.
Blackstone Inc is forecasting an increase in mergers and acquisitions (M&As) that can help boost sales of bonds backed by leveraged loans.
PETALING JAYA: Despite elevated raw material prices, Fraser & Neave Holdings Bhd (F&N) has no intention to raise the prices of its goods.
Glovemakers may see volume sales normalise in the first half of the year due to the potential frontloading of orders from US customers, says RHB Research.
