Record 1Q earnings for Hartalega


“Market demand was exceptionally strong during the quarter due to the unfortunate Covid-19 pandemic. With a new wave of cases emerging in the US, Latin America and India, along with upticks in other countries across the world, this surge in demand growth is expected to continue in the coming years, ” chief executive officer Kuan Mun Leong (pic) said.

PETALING JAYA: Profit-taking shaved off some gains from Hartalega Holdings Bhd’s shares as investors took the opportunity to sell into strength even as the company announced a record performance for its first quarter period ended June 30.

Hartalega, the biggest nitrile glove maker in the world by market capitalisation, saw its shares fall by 56 sen to RM19.94 at its close yesterday.

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