Supermax warns US import ban could have significant earnings impact

KUALA LUMPUR: Supermax Corp Bhd has cautioned that there could be a material adverse impact on its financial performance should efforts to divert its US glove shipments to other markets be unsuccessful.

The glove maker said in a filing with Bursa Malaysia that the extent of the adverse impact will also be determined by the duration of the withhold release order by the US Customs and Border Protection (CBP).