CIMB Research said near-term catalysts remains limited as tariff-related uncertainties and expansion of Chinese players’ overseas capacity could further weigh on the industry.
PETALING JAYA: The market remains cautious on the outlook for glovemaker Hartalega Holdings Bhd
despite efforts on cost optimisation and the gradual recovery in demand as inventories from restocking diminishes.
The company released its first quarter ended June 30, 2025 of financial year 2026 (FY26) results on Tuesday that were below market expectations due to lower demand and weaker average selling prices (ASPs).
