Super normal profit for Comfort Gloves as 3Q earnings surge over 1,000%

Comfort Gloves said the increased emphasis placed on hygiene and sanitation by Covid-19 has led to an increase in the demand for the group’s speciality premium gloves that offer superior resistance to viruses and dangerous sanitisation chemicals.

KUALA LUMPUR: The strong demand for gloves due to the Covid-19 pandemic saw Comfort Gloves Bhd posting its highest ever quarterly in the third quarter ended Oct 31,2020.

It reported on Monday its net profit surged by 1,118% to RM90.33mil from RM7.41mil a year ago, powered by higher sales volume, significantly higher average selling price.

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