Hartalega unaffected by hike in raw materials

KUALA LUMPUR: Synthetic glove manufacturer Hartalega Holdings Bhd is optimistic about the current financial year ending March 31, 2009 as it has been able to strengthen its margins and offset the rising fuel prices via biomass fuel.

Executive chairman and managing director Kuan Kam Hon said on Thursday that despite increasing raw materials prices, energy cost and global conditions, he was still optimistic about its financial performance for the remaining quarters of the year.