Temporary impact on earnings of glove makers

The Big Four glove makers have seen their plants in Selangor shut down temporarily during the emergency movement control order. Theshutdown could affect their earnings and jeopardise their relationship with overseas buyers.

PETALING JAYA: The Malaysian glove sector is facing a triple whammy but this is a temporary situation for the sector in which demand continues to outstrip supply.

Major players Top Glove Corp Bhd, Hartalega Holdings Bhd and Kossan Rubber Industries Bhd have initiated a full shutdown of their manufacturing facilities in Selangor amid the enforcement of the emergency movement control order (EMCO).