Careplus was the latest glove manufacturer to announce weaker results after Hartalega Holdings Bhd, Malaysia’s largest glove company by market capitalisation, saw a 14% drop in its latest earnings announcement.
PETALING JAYA: Glovemaker Careplus Group Bhd
’s losses continued for the second consecutive quarter as lower sales volume and higher costs took a toll on the company’s bottom line in the July-September 2019 period.
Careplus was the latest glove manufacturer to announce weaker results after Hartalega Holdings Bhd, Malaysia’s largest glove company by market capitalisation, saw a 14% drop in its latest earnings announcement.
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