Johan Holdings: Glove industry remains challenging

TheStar Wed, Dec 13, 2023 12:00am - 4 months View Original


PETALING JAYA: Johan Holdings Bhd expects the operating environment in the glove industry to remain challenging.

In a filing with Bursa Malaysia, the company said it will continue to manage its cost across its operations.

For the first quarter ended Oct 31, 2023, Johan Holdings reported a lower net loss of RM3.45mil, compared with a net loss of RM4.77mil in the previous corresponding period

Revenue rose to RM6.82mil from RM3.64mil a year earlier.

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