Description

HLT is primarily involved in designing, fabricating, installation, testing, and commissioning of glove-dipping lines. Additionally, the Group provides upgrading and modification works for glove-dipping lines, as well as supplies and trades associated parts and components.

Fundamentals

As projected by the Malaysian Rubber Glove Manufacturers Association (MARGMA), glove demand is expected to resume its 10% annual growth trajectory due to various drivers, such as increasing hygiene awareness, an aging population, and the recovery of non-COVID19 related demand.

Source: PublicInvest Research - 8 Apr 2024