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"- *Two weeks after soft guidance by Harta’s management* in its results briefing, *Malaysian glove companies ??* have seen share price declining by 30-40%.
- *Full impact from US order shifts are not reflected yet??.* Sept-Dec 24 (4Q24) results are already commendable, but note that US distributors frontloaded purchase from China producers...
- *Against 1Q25's softening results?,* 2Q25 will see good pick up as US' purchase recover ...
• *Malaysia production capacity is c.150b ?* (big 4 glovemakers) and running at *U-rate of c.60%* averagely...
- *Challenging outlook in Europe is not something new...
• *China ASP not as low as expected ...
• *Recall that China glovemakers only turnaround into operational profit in 1Q-2Q24...
- *Local glovemakers' global market share?* for medical gloves is highest at *c.40-55%..."
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Sales YoY already increase 77%, the problem now is not about lack of order, is about profit margin, but why you all still talking about China grab order, i really dont understand la.
