Hartalega Reports 62.2% Net Profit Increase in 3Q 2025 Amid Operational Efficiencies
Hartalega Holdings Bhd reported a 62.2% increase in net profit to RM31.64 million for 3Q FY2025, driven by cost optimization. Despite a decline in quarterly revenue to RM527.25 million due to lower sales volume and pricing pressures, the company maintained profit growth. For the nine-month period, net profit rose to RM62.55 million, while revenue fell to RM1.62 billion. CEO Kuan Mun Leong noted ongoing market challenges but expressed a positive long-term outlook for the glove sector, emphasizing improved operational efficiencies and automation.
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Hartalega Holdings Bhd recorded a net profit of RM31.64 million in 3Q FY2025, a 62.2% increase from RM19.51 million in the previous year, attributed to cost optimization and operational efficiencies. Revenue decreased to RM527.25 million from RM738.19 million due to lower sales volume and pricing pressures.
Over nine months, net profit reached RM62.55 million, up from RM60.06 million, while revenue declined to RM1.62 billion from RM1.97 billion. CEO Kuan Mun Leong highlighted ongoing market challenges but maintained a positive long-term outlook for the glove sector, focusing on automation to enhance production efficiency.
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