PETALING JAYA: Glovemaker Hartalega Holdings Bhd’s net profit skyrocketed to RM1.12bil for the fourth quarter ended March 31,2021, from RM114.42mil a year earlier, thanks to higher sales and lower operation costs.
In a filing with Bursa Malaysia, Hartalega said it posted a significant increase in revenue for the fourth quarter to RM2.3bil from RM778.24mil a year ago. It attributed the growth to the increase in average selling prices as well as sales volume for the quarter.
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