Higher sales volume drives Hartalega earnings


Managing director Kuan Mun Leong said the strategy put in place several years ago to drive organic growth was bearing fruit now.

PETALING JAYA: Hartalega Holdings Bhd’s net profit surged 71.6% to RM96.39mil for the first quarter ended June 30 from RM56.18mil a year ago driven by higher sales volume, higher average selling price, a stronger US dollar and improvements in operation efficiencies.

The world’s largest glove maker by market capitalisation has declared a dividend of 2.50 sen from two sen a year ago.

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