Article

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.