says there are signs of a rebound in the glove market and guides for a return to profitability in the second half of the year.
The improved performance helped to mitigate a spike in natural rubber latex concentrate prices from an average of RM4.91/kg at end-November 2023 to RM5.66/kg at end-February 2024, which impacted margins, it said. During the quarter under review, the group's basic loss per share narrowed to 0.64 sen from 2.06 sen in 2QFY23.
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