Hartalega earnings soar on strong demand

The company said in a filing with Bursa Malaysia that the higher net profit was also contributed by increased operating income, which arose from net foreign-exchange gains.

PETALING JAYA: Glove maker Hartalega Holdings Bhd started off its financial year on a strong note, registering a 30% year-on-year growth in net profit to RM124.87mil for the first quarter ended June 30.

The growth was driven by favourable demand and additional production capacity.