Hartalega forecast to benefit from US orders


PETALING JAYA: The re-emergence of the “US-premium” in the pricing for rubber gloves may allow Hartalega Holdings Bhd to fully pass on the recent foreign-exchange impacts faced by the group and allow for margin improvement.

Hartalega’s revenue exposure to the United States, which was about 40% to 50%, is expected to rise to 60% to 70% from January 2025 onwards, said Hong Leong Investment Bank Research (HLIB Research).

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