Top 4 listed Glove Companies in Malaysia

Top 4 Glove comparison with peers

RASInvest
Publish date: Sun, 19 Jun 2022, 05:24 PM
A Comparison of Top 4 Gloves Companies in Malaysia:
Description
Unit
Hartalega
Topglove
Supermax
Kossan
Intco Medical
(China)

Sri Trang
(Thailand)

Latest reported Capacity

billion pcs/ yr

44*

100*

26**

33.5**

45 (Nitrile)/ 30 (PVC)**

40*****

Total employee1

no.

8548

22741

No data

7000

9115

9752

Latest Plant Utilisation rate

%

69***

66***

No data

70***

No data

70***

Nitrile Glove, ASP, 2022 May 

USD / 1000 pcs

24 - 29

24 - 29

24 - 29

24 - 29

No data

No data

 

 

 

 

 

 

 

 

Main Manufacturing location

-

Sepang/ Bestari 
Msia

Klang, Msia

Klang, Lahat, Msia

Klang, Msia

JiuJiang, Jiangxi, China

Surat Thani, Trang, Hatyai, Sadao, Thailand

Electricity

kwh/ 1000 pcs

9.5****

6.94****

No data

7.776****

No data

No data

Natural gas

mmBTU/ 1000 pcs

0.316****

0.2897****

No data

0.333****

No data

No data

Water

m3/1000 pcs

0.69****

0.176****

No data

0.353****

No data

No data


*       Installed Capacity data for Hartalega/ Topglove are from 2022 investor presentation. Topglove data included Nitrile and Rubber gloves 

**     Installed Capacity data for Supermax / Kossan/ Intco are from 2021 annual report

***   Utilisation data for Hartalega data from 22'Q4 investor presentation; Kossan & Topglove data from 22'Q4 analyst report

**** Utilities consumption data for Hartalega: from 2019 AR; Topglove: from 2021 AR; Kossan: from 2021 AR

***** Sri Trang data from 2021 annual report; includes Natural Rubber powdered glove (est 34%), Natural rubber powder free glove (est 25%)  and Nitrile glove (est 41%)

 

Notes 

1. Employee detailed collected from respective 2021 annual report except Supermax without data.

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