Riko, I read the report, sales drop is because latex cost drop so they reduce their price, thus, the profit margin is good and net profit improved a lot due to lower cost.
Prospects for the rubber glove manufacturing sector remain strong with increasing demand arising from switching trends towards nitrile glove. Nitrile glove now accounts for 61% of Malaysian rubber glove export. As overall demand for nitrile gloves increases, the market is seeing increase segmentation and differentiation leading to an increase demand for specialty gloves. Through dedication to process rationalization and improving operational agility, the Group is confident in capturing greater market share and strengthening margins. The Group is confident that meeting customer expectations and continuous innovation will strengthen our position as the bespoke specialty glove manufacturer.
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wakarimas
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Posted by wakarimas > 2017-12-20 12:47 | Report Abuse
could the report come out after 2pm?