PETALING JAYA: While there are growing concerns over the sustainability of glove demand and its future average selling prices, the bosses of the world’s two largest glove makers continue to hold a bullish view on the sector’s outlook.
After posting a phenomenal 1,642% net profit growth in the fourth quarter ended Aug 31,2020, Top Glove Corp Bhd
chairman Tan Sri Lim Wee Chai said that “our best days are still ahead of us”.
Just two days earlier, Hartalega Holdings Bhd chairman Kuan Kam Hon said glove demand would continue to outstrip supply over the next three years, unaffected by the availability of a Covid-19 vaccine.
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