KUALA LUMPUR: Hartalega Holdings Bhd
's focus on operational efficiency has paid off with a one-fold increase in bottomline in its second financial quarter ended Sept 30, 2025.
In the quarter under review, the glove maker posted a net profit of RM18.3mil, up from RM8.63mil in the year-ago quarter, for an earnings per share of 0.54 sen against 0.25 sen previously.
According to Hartalega's results statement, it had registered an operating profit of RM14mil during the quarter under review, supported by cost optimisation initiatives and improved operational efficiency.
Addiitionally, the group's enhanced hedging policies helped to mitigate foreign exchange losses arising from the stronger ringgit.
The group achieved higher quarterly earnings despite a softer topline of RM539.66mil, which had fallen from RM652.07mil in the previous comparative quarter due to lower sales volume and competitive pricing in non-US markets.
With the strengthening of the ringgit against the US dollar, the group also faced a decline in average selling prices in the local currency.
Hartalega CEO Kuan Mun Leong said there remains persistent overcapacity and price pressures, especially from emerging regional competitors.
"Looking ahead, we will continue to further enhance our production efficiency through automation and digitalisation initiatives, while maintaining prudent financial management to support improvements to our bottom line for the remaining half of the year.
"At the same time, we continue to advance our ESG commitments as an integral part of our strategy to drive the sustainable growth of the group,” he said.
Over the six-month period to Sept 30, 2025, Hartalega registered a net profit of RM30.91mil as compared to RM40.55mil in the same period in 2024. Revenue was down to RM1.09bil from RM1.24bil in the year-ago period.
