Ruberex
Rubberex manufactures and sells natural rubber, synthetic rubber and vinyl gloves, with production facilities in Malaysia and China. The company exports its products to over 100 countries.The company has completed the first phase of expansion at its Malaysian factory to include new production lines for nitrile disposable gloves. It has also started operations since early 2015.
Source: http://www.rubberex.com.my/rubber-gloves-vinyl-gloves-latex-gloves-nitrile-gloves-manufacturer.html
PROVEN RECORDEstablished since 1987 Rubberex is a leading global player in natural rubber, synthetic rubber and vinyl gloves for household, industrial, professional and food handling applications.
PRODUCTION FACILITIES Established in 2 different locations - |
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Malaysia |
China |
A video clip on youtube about Rubberex:
https://www.youtube.com/watch?v=hDFeJPYxoNs
The company has released its half year FY2016 where sales have increased by 3%, profit before tax (PBT) has increased by 9% to 9.86 mil, or 3.22 cents per share. Full year FY2016 forecast to be annualized at 6.5 cents per share.
China represents the company's largest sales market, consisting 58% of the total sales. But unfortunately, it contributes only 6% of the total profit. Foreign currency exchange may be the factor to be considered in this matter. Besides, a strong reliance on a single market might indicate the need for a breakthrough. Hence, unlike other glove counters, the price range has been narrowed n less active.
With the demand of disposable gloves market to grow steadily at 5.5% CAGR, basically it's an organic growth with the rising awareness of cross infection and good hygiene; and the rising population of the inhabitants of the world. This business is an evergreen business. Rubberex should stand to profit from this. Foreign curency exchange is expected to stabilise with lower volatility as the slow rise of the us interest rate decision by FOMC. This will improve the profit of Rubberex.
On top of that, Rubberex is actively promoting its products through exhibitions worldwide. This in turn if turns out fruitful will generate higher revenue in terms of sales from various countries along with its existing customer base worldwide.
The coming Qoqs with be interesting for an improvement in performance.
Period Ending: |
2016
30/06
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2016
31/03
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2015
31/12
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2015
30/09
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Total Revenue | 76.14 | 74.48 | 79.43 | 74.87 | ||||||||||
Cost of Revenue, Total | 66.64 | 62.6 | - | 64.32 | ||||||||||
Gross Profit | 9.5 | 11.88 | - | 10.56 | ||||||||||
Total Operating Expenses | 70.81 | 68.62 | 71.38 | 69.09 | ||||||||||
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Operating Income | 5.33 | 5.87 | 8.06 | 5.78 | ||||||||||
Interest Income (Expense), Net Non-Operating | -0.63 | -0.71 | -1.73 | -0.83 | ||||||||||
Gain (Loss) on Sale of Assets | - | - | - | - | ||||||||||
Other, Net | - | - | - | - | ||||||||||
Net Income Before Taxes | 4.7 | 5.15 | 6.32 | 4.95 | ||||||||||
Provision for Income Taxes | 0.96 | 1.52 | 0.94 | 1.51 | ||||||||||
Net Income After Taxes | 3.74 | 3.63 | 5.38 | 3.44 | ||||||||||
Minority Interest | - | - | - | - | ||||||||||
Net Income Before Extraordinary Items | 3.74 | 3.63 | 5.38 | 3.44 | ||||||||||
Total Extraordinary Items | - | - | - | - | ||||||||||
Net Income | 3.74 | 3.63 | 5.38 | 3.44 |
Period Ending: |
2016
30/06
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2016
31/03
|
2015
31/12
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2015
30/09
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Period Length: | 6 Months | 3 Months | 12 Months | 9 Months | ||||||||||||||||||||
Net Income/Starting Line | - | - | - | - | ||||||||||||||||||||
Cash From Operating Activities | 14.48 | 11.46 | 25.42 | 12.67 | ||||||||||||||||||||
Cash From Investing Activities | -15.94 | -7.89 | -52.54 | -43.83 | ||||||||||||||||||||
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Cash From Financing Activities | -3.07 | 2.81 | -3.47 | -3.23 | ||||||||||||||||||||
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Foreign Exchange Effects | -6.61 | -7.21 | 1.91 | 17.49 | ||||||||||||||||||||
Net Change in Cash | -11.14 | -0.82 | -28.69 | -16.89 |
Disposable Gloves Market to Grow Steadily at 5.5% CAGR from 2014 - 2020
Read more: http://www.digitaljournal.com/pr/3059150#ixzz4M0IPNtak
Demand for disposable gloves in healthcare industry is very high. Healthcare industry is expected to exhibit rapid growth rate due to alertness regarding hygiene among patients and medical professionals. It's useful to avoid infectivity between caregivers and patients medical examinations and procedures. Medical professionals commonly use disposable gloves during surgical operations. Disposable gloves find major applications in others industries such as food and automotive. These gloves are used in the food industry to handle fragile products as well as to protect the food from foreign contaminants. Disposable gloves are made of various products including natural rubber, neoprene, nitride, polyethylene and vinyl gloves. For the safety purpose use of gloves is high in different sectors like medical and food and beverage industry. Two commonly available types of disposable gloves in the market includes un-powdered and powdered. Mostly un-powdered gloves are being used in surgery.
Get Free Sample Report: http://www.marketresearchstore.com/report/global-disposable-glovers-market-2014-2023-21447#RequestSample
Browse the full "Global Disposable Gloves Market (Natural Rubber, Vinyl, Nitrile and Others) for Medical and Non-Medical (Food, Clean room, Industrial and Other) Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2014 - 2020" report at http://www.marketresearchstore.com/report/global-disposable-glovers-market-2014-2023-21447
Powdered disposable gloves demand is on the rise due to its better disposability and high sterility properties. Moreover, cost efficacy is also one of the factors driving demand for disposable gloves across the world. Natural rubber disposable gloves dominated the market with above 38% share of the total consumption volume in 2014. Natural rubber disposable gloves was followed by vinyl and nitrile disposable gloves respectively. Others accounted for the small volume share of the total market 2014. High demand for natural rubber disposable gloves is mainly driving the growth of this market.
With over 80% shares in total volume consumption, medical applications accounted for a very large chunk of the total disposable gloves market in 2014. Non-medical applications for disposable gloves are mainly comprises of food, cleanroom and industrial applications.
North America is a leading regional market for disposable gloves which accounted for around 40% share of the total volume consumption in 2014. Strong demand from healthcare and food industry is driving demand for disposables gloves in North America. North America is followed by Europe and Asia Pacific. Latin America and rest of the world accounted for small share of the global market. However, demand for disposable gloves is expected to increase at rapid pace in Asia Pacific and Latin America as compare to North America and Europe.
Some of the key players in the disposable gloves market include Top Glove Corp., Shield Scientific, Rubberex, MRK Healthcare, Supermax Corp., Ansell Healthcare, Adventa, Kossan Rubber Industries, Cardinal Health and Hartalega.
Read Detail TOC: http://www.marketresearchstore.com/report/global-disposable-glovers-market-2014-2023-21447#tableOfContent
This report segments the global market as follows:
Disposable Gloves Market: Product Segment Analysis
Nitrile gloves
Vinyl gloves
Natural rubber gloves
Others (Neoprene, polyethylene, etc.)
Disposable Gloves Market – Application Segment Analysis
Medical
Non-Medical
Food
Clean room
Industrial
Others
Disposable Gloves Market – Regional Analysis
North America
U.S.
Canada
Europe
Germany
France
UK
Asia Pacific
China
Japan
India
Latin America
Brazil
Middle East and Africa
GCC
South Africa
Read more: http://www.digitaljournal.com/pr/3059150#ixzz4M0Ik7DQQ
Rubberex will be participating in the following trade shows :
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