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KUALA LUMPUR: Dynacare Sdn Bhd, the 60 per cent owned subsidiary of Johan Holdings Bhd has begun commercial gloves production of its first high capacity double-former dipping line on Nov 27, 2021.
PETALING JAYA: Johan Holdings Bhd reported a profit after tax of RM167mil against a revenue of RM50mil for the 18 months ended July 31, 2021
PETALING JAYA: Johan Holdings Bhd has completed the disposal of its loss-making Diners Club business in Singapore for S$103.59mil (RM313.98mil).
THE recent double-digit dip in glove ASPs (average selling prices) for Top Glove Corp Bhd is not likely to be mirrored by other glove makers, due to certain factors that are unique to the world’s largest glovemaker, say research analysts.
WHILE there is scepticism over the viability of new players entering rubber glove manufacturing, Johan Holdings Bhd reckons it has a strategy to make a success out of the business.
DRIVEN by the Covid-19 pandemic, numerous new players in the country are getting into glove manufacturing. Many of these are by public companies whose announcements have attracted a fair bit of investor interest, considering the bumper profits the large players have been reporting since last year.
PETALING JAYA: George Kent (M) Bhd is planning a diversification into the glove manufacturing business through an equity partnership with Johan Holdings Bhd
KUALA LUMPUR: Shares in Johan Holdings Bhd jumped over 9% in early trade on its proposed disposal of loss-making Diners Club business in Singapore.