Hartalega on track for stronger earnings

Maybank IB Research said Hartalega was on track to post stronger earnings in 2Q25.

PETALING JAYA: Hartalega Holdings Bhd’s return to the black in the first quarter of financial year 2025 (1Q25) reflects encouraging growth for the world’s largest nitrile medical glove producer, amid signs of recovery in demand in the glove industry.

This was despite a massive overcapacity situation within the sector, said analysts.