KUALA LUMPUR: Kenanga Research is down on rubber glove players, a view it says was backed by recent profit announcements that pointed to an uneven recovery.
In its latest sector update, the research firm tallied a slew of problems besetting the industry, including continued weak demand for gloves, massive overcapacity and predatory pricing by certain overseas players.
Already a subscriber? Log in
The Star 6.6 DEAL: 35% OFF Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
