HLT Global registered a net profit of RM6mil in the three-month ended Dec 31 on a revenue of RM93mil. For the full year, the company made a net profit of RM15.9mil on a revenue of RM241mil.
KUALA LUMPUR: HLT GLobal Bhd
, one of the smaller glove producers, said its gross profit margin climbed to 40% in its final quarter compared with barely 10% a year ago, as strong demand worldwide for protective gear boosted selling prices.
HLT Global registered a net profit of RM6mil in the three-month ended Dec 31 on a revenue of RM93mil. For the full year, the company made a net profit of RM15.9mil on a revenue of RM241mil.
The company derived more than 70% of its revenue from glove making, while the remaining was contributed by its glove-dipping line business.
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