Hartalega's Elevated Margins Unlikely To Be Sustainable, Kenanga
Photo: Business Today
Hartalega Holdings Bhd posted a stronger-than-expected set of first-quarter results for FY2027, with net profit more than doubling on the back of higher average selling prices (ASPs), although the glove maker expects earnings to moderate
From the original report
According to Kenanga Research, Hartalega recorded a net profit of RM70 million for the first quarter ended June 30, 2026, representing an increase of more than 100% year-on-year and 109% quarter-on-quarter.
The earnings exceeded expectations, accounting for 43% of Kenanga Research's full-year forecast and 44% of consensus estimates, largely due to stronger-than-expected profit margins.
…
This is a brief of a report by another newsroom. The excerpt below is from the original.
Read the full report at Business Today
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About this story
- Source
- Business Today
- Originally published
- Aug 5, 2026
- Updated here
- Aug 15, 2026
- Produced by
- Malaysia Times desk (brief) — reporting by the source
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