KUALA LUMPUR: Hartalega Holdings Bhd
turned out a stronger quarterly profit despite the impact of a lower average selling price (ASP) on its revenue, thanks to cost optimisation initiatives, tighter cost controls and operational efficiencies.
In the fourth quarter of its financial year ended March 31, 2026, the glove maker posted a net profit of RM40.47mil, a leap forward from RM14.48mil in the year-ago quarter.
Quarterly revenue was lower at RM515.42mil as compared to RM611.55mil due to the stronger ringgit against the US dollar, which led to a lower ASP.
Earnings per share for the quarter rose to 1.19 sen from 0.42 sen in the fourth quarter of last year.
For the entire financial year, Hartalega's net profit came to RM103.02mil, up from RM74.54mil in FY25. Annual revenue was RM2.14bil as compared to RM2.59bil in the previous year.
Underpinned by the group's strong performance, the board of directors declared a first interim dividend of 1.8 sen per share with entitlement date on May 20, 2026, and payable on June 16, 2026.
Kuan Mun leong, CEO of Hartalega, said the group is proactively managing external risks to minimise potential disruption .
"This includes working closely with our suppliers to ensure supply continuity and calibrating our hedging strategies in response to foreign exchange movements.
"As part of our risk mitigation measures, we also have in place diversified sourcing, flexible logistics arrangements and prudent inventory buffers. At the same time, we continue to engage with customers to ensure transparency on supply conditions.”
He added the group continues to invest in operational efficiency, automation and technological upgrades.
Alongside its commitment to ESG practices, he said the group is well-positioned to navigate uncertainties while strengthening its competitiveness and delivering sustainable growth over the long run.
