Minimal impact on Hartalega

Stringent measures: Hartalega’s glove manufacturing facility. The country’s second-largest listed glove maker’s one-month long voluntary closure to contain Covid-19 infections is expected to cause a capacity loss of less than 0.5% of its total annual output.

PETALING JAYA: The temporary closure of Hartalega Holdings Bhd’s eight production lines would only have a minimal impact on the bottomline of the country’s second-largest listed glove maker.

BIMB Securities Research analyst Saffa Amanina pointed out that the one-month long voluntary closure to contain Covid-19 infections is expected to cause a capacity loss of less than 0.5% of total annual output.