Not bad, the revenue met expectations, fueled by the design, engineering, installation, and commissioning of glove chlorination systems, as well as the supply and installation of M&E works
Global glove consumption is expected to rise in the long term as awareness and usage increase, particularly in emerging markets with low glove consumption where gloves are essential, especially in the healthcare sector. Flexi will continue to perform well in the coming quarters
Flexidynamic plans to explore high-value markets through gamma radiation sterilization services in collaboration with Gammatech Sdn. Bhd. This partnership is expected to expand the company’s portfolio beyond the traditional glove industry.
The U.S. plans to increase import tariffs on China-made gloves to 50% in January 2025 and up to 100% by January 2026. This presents opportunities for local glove manufacturers to upgrade systems and equipment, potentially boosting demand for Flexidynamic's services
Flexi a a total solutions provider for glove manufacturing lines, it delivers essential components such as process tanks, chlorine circulation systems, off-line glove chlorination systems, and FRP lines which are are integral to the manufacturing processes of major glove producers. So far FLEXI still remains under the radar for many investors.
Through its 51%-owned subsidiary, Gammatech Sdn. Bhd., Flexidynamic will expand its market presence by providing gamma radiation sterilization services, focusing on industries such as pharmaceuticals, food processing, and packaging
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
crackyoo
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Posted by crackyoo > 2 months ago | Report Abuse
New record high is nice, higher import duties on China medical gloves will make Malaysian gloves more competitive