KUALA LUMPUR Nov 2 Hartalega Holdings Bhds net profit leapt to RM9140 million in the second quarter ended September 30 2021 Q2 2021 from RM54496 million in Q2 2020. The companys gloves are used in laboratories and healthcare facilities.
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01 Nov 2021 0809.
Share price hartalega. Hartalegas share price peaked in August 2020 before falling to a 52-week low in September 2021. Hartalega Holdings Bhd registered a strong net profit of RM152 million for the nine-month period ended Dec 31 2011 compared with RM138 million for the same period of 2010. Hartalegas share price rose eight sen or 141 at RM575 closed yesterday valuing the group at RM1971 billion.
This is ascribed to awareness among people about the benefits of nitrile gloves in healthcare facilities on account of the increasing incidences of latex allergies. Among the Big Four public-listed rubber glove makers Top Glove spent the most in terms of share buy-backs at RM142 billion more than four times the combined amount of RM3465 million spent by Supermax Corp Bhd RM22244 million Hartalega Holdings Bhd RM9734 million and Kossan Rubber Industries Bhd 2668 million. The gloves are also sold to manufacturers of semiconductors and consumer electronics and for automotive maintenance and.
HARTALEGA HOLDINGS BHD Description. Sectors likely to lead the charge in 2019. Interestingly the company delivered its best quarterly results just a few months prior in June 2021.
Thursday January 3 2019. KUALA LUMPUR Nov 5. Revenue grew by 274 per cent to RM691 million from RM542 million.
On comparison with the current share price you will be able to determine if the stocks are undervalued or overvalued. The ratio of current share price to trailing twelve month EPS that signals if the price is high or low compared to other stocks. The global nitrile gloves market is likely to exhibit a CAGR of 141 from 2020 to 2027.
Hartalega Holdings Bhd posted a net profit of RM91401mil in the second quarter ended Sept 30 2021 a 6772 jump over RM54496mil in. While maintaining its hold call on Hartalega Affin Hwang lowered its target price to RM580 from RM740. We have cut our FY22 to FY24 earnings per share by 10 to 46 to provide for a higher tax rate and also the latest ASP trend it said.
Low-base effect to slowly diminish. The price trend for the companies is still down with a slight rise in prices usually met by fresh selling. Economic Focus -210726- June prices remained elevated.
Hartalega Holdings is a holding company whose subsidiaries manufacture and sell a variety of nitrile and latex gloves. Bhd the worlds largest glove maker are 78 higher in midmorning Malaysia trade while Hartalega Holdings Bhd. Get the latest Malaysia news stories and opinions with focus on National Regional Sarawak and World News as well as reports from Parliament and Court.
The downside prevails as long as 626 is resistance. The company produces examination gloves as well as surgical gloves. Interestingly the company delivered its best quarterly results just a few months prior in June 2021.
Top Glove Corp. Revenue surged 494 per cent to RM201 billion against RM134 billion previously due to higher sales revenue following. Hartalegas share price peaked in August 2020 before falling to a 52-week low in September 2021.
As we can see from this the stock market is extremely forward-looking and investors bid up the price of Hartalega stock by 10 months in advance. The main products of this Group are Latex Gloves and Nitrile Gloves. 52 weeks log of share prices and volume done daily.
HARTALEGA HOLDINGS BERHAD is engaged in the production of gloves. Monday November 8 2021. The price charts are suggesting the stock price can go even lower a chartiest with a local brokerage told TMR.
Timber manufacturing and trading group NWP Holdings Bhd has been issued an unusual market activity UMA query by Bursa Malaysia on the recent sharp rise in its share price and volumeNWPs share price jumped as much as 167 or five sen on Friday to 35 sen before paring some of its gains to trade at 325 sen at the time of writing still up 83 or 25 sen from. Is up 41 and Kossan Rubber Industries Bhd. Hartalega Holdings Bhd closed 19 sen lower at RM514 which took its market value to RM1757 billion last Friday.
As we can see from this the stock market is extremely forward-looking and investors bid up the price of Hartalega stock by 10 months in advance. Banks asset risk to reverse in mid-2022 on economic recovery. Latex Gloves provide high tensile strength and elongation for maximum tear resistance while Nitrile Gloves provide an alternative to latex-sensitive users from proteins that may cause allergic.
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