Currency impact to enhance Careplus margins


GLOVE maker Careplus Group Bhd says the worst is possibly over for the company, thanks to the effects of cheaper raw materials and a stronger US dollar.

Executive director and group CEO Lim Kwee Shyan (pic) says the company is expecting to generate “better” profit margins this year compared with last year mostly due to the strong US dollar in which most of its sales are denominated in.

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Business , careplus , glove

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