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KUALA LUMPUR: Kenanga Research is positive on Kossan Rubber Industries Bhd’s earnings prospect, underpinned by take-ups for its Plant 16 and Plant 17.
KUALA LUMPUR: Kenanga Research is positive on Kossan Rubber Industries’s earnings prospect, underpinned by take-ups for its Plant 16 and Plant 17 and also expect margins improvement due to better operational efficiencies from the new plants.
PETALING JAYA: Top Glove Corp Bhd, the world largest glovemaker, expects the surprise natural gas tariff hike earlier this month to put a dent on its bottom line.
KUALA LUMPUR: Bursa Malaysia and Asian markets were cautious ahead of the release of China’s economic data later Monday morning.
KUALA LUMPUR: CIMB Equities Research is upbeat on the gloves sector and expects their margins to widen as it keeps Kossan and Supermax as its top picks.
AFTER a rocky first half, investors now find themselves hoping that the second half will see Malaysian equities play catch-up to their regional peers.
PETALING JAYA: The negatives of the rubber glove manufacturing industry have been largely priced in and glove stocks are now trading above their respective mean, indicating undemanding valuations.
KUALA LUMPUR: Concerns about oversupply in the Malaysian glove sector may be overplayed as capacity expansion in the four leading manufacturers is expected to be delayed and staggered.
PETALING JAYA: Top Glove Corp Bhd, which recently entered the European market, will soon venture into the United States to sell its flagship biodegradable gloves amid high demand for the green product.
KUALA LUMPUR: Recent earnings results show that companies in the rubber glove sector are not at significant risk of lower margins from rising production costs, says Affin Hwang Capital research.