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LATEX glove manufacturer and wholesaler Supermax Corp Bhd expects to double its after-tax profit to RM8mil for the year ending Dec 31, 2003.
GLOVE manufacturing is a tough business and many players in the industry have fallen from grace over the years but a husband and wife team has managed to not only survive, but thrived to become one of the top five glove manufacturers in the country.
SUPERMAX Corp Bhd, one of the top five glove manufacturers in the country, is going full steam ahead in the firm belief that it is in a fairly recession-proof business.
SUPERMAX Corp Bhd will increase its glove manufacturing capacity to 5 billion pieces per year in the middle of next year from 3 billion pieces per year currently.
FAST expanding medical glove manufacturer Supermax Corp Bhd has set an ambitious plan to double its annual production capacity to six billion latex gloves by 2005 from 3.1 billion to keep pace with growing overseas demand for its brands.
Izwan Idris writes on Sunway Inc, White Horse, Supermax, Pohmay and Suria Capital.
After advancing for a solid one-and-a-half quarters, the question now is what is in store for the KLSE in the fourth quarter?Fund managers and analysts polled by I>StarBiz/Igenerally felt the CI would go up.They also made their favourite stock picks, which are not limited to just the high-flyers.
TENAGA Nasional Malaysia Bhd, Motorola Multimedia Sdn Bhd, Intel Electronics (M) Sdn Bhd, IBM Malaysia Sdn Bhd, Credit Guarantee Corp Malaysia Bhd and Cisco Systems (M) Sdn Bhd were recognised yesterday for contributing to the promotion and development of small- and medium-sized (SMIs) industries in the country.
SUPERMAX Corp Bhd will set up distribution centres in Russia and the Middle East to promote its own brands of glove that will give better margins.