Bursa Malaysia Stock Watch

Hartalega posts higher Q2 profit

kltrader
Publish date: Tue, 09 Nov 2010, 11:51 PM
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Hartalega Holdings Bhd registered a higher pre-tax profit of RM61 million for the second quarter financial period ended September 30, 2010, compared to RM41.1 million in the same period last year.

Revenue for the premium latex gloves manufacturer rose to RM184.3 million from RM134.5 million previously.

For the six-month period, the group recorded a higher pre-tax profit of RM114.7 million against RM73.8 million seen in the previous corresponding period on revenues of RM354.2 million and RM259.9 million respectively.

Its Managing Director, Kuan Kam Hon said the strong results reflected the group's efforts to capitalise on the capability to increase production output while delivering superior cost efficiencies due to its engineering know-how. - Bernama
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