Bursa Malaysia Stock Watch

Supermax sees 20pc growth in 2011

kltrader
Publish date: Mon, 14 Feb 2011, 05:24 PM
kltrader
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Rubber gloves manufacturer Supermax Corporation Bhd expects to rake in an earnings growth of between 15-20 per cent for the financial year 2011, supported by its planned capacity growth and varying of product mix, in line with market demand.

To support the growing demand globally, Supermax said it will fast track the construction of a new plant in Meru, while rebuilding its Sg Buloh plant into a full surgical glove production facility.

Once completed, the Sg Buloh plant will increase its surgical glove capacity by more than 10-fold, it said in a statement today. - Bernama
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