Rising raw material prices to affect Hartalega

Several research houses have cut their earnings forecast on the world’s largest nitrile glove producer, amid a challenging environment for the industry.

PETALING JAYA: The worst is not over for Hartalega Holdings Bhd as soaring raw material costs and uncertainty of the rubber gloves selling prices may impact its margins this year.

Several research houses have cut their earnings forecast on the world’s largest nitrile glove producer, amid a challenging environment for the industry.