Hartalega to see sequential growth as glove demand picks up

KUALA LUMPUR: Hartalega Holdings Bhd's latest set of results is bolstering optimism the glove maker will deliver sequentially stronger earnings in the coming quarters amid an improving demand outlook.

In a review, Hong Leong Investment Bank (HLIB) Research said an inventory replenishment cycle has commenced as gloves amassed during the pandemic are believed to be near depletion.