Group expects glove demand to continue to outstrip supply for the next few years. – Hartalega websiteHartalega Holdings Bhd’s net profit for the third quarter ended Dec 31, 2020 jumped over eightfold to RM1 billion from RM121.27 million a year ago, mainly due to the higher sales revenue attributable to the higher sales volume and higher average selling price, as well as lower energy and upkeep expenses.
For the nine month period, its net profit went up over five times to RM1.77 billion from RM319.2 million a year ago. Today, the board declared a second interim single tier dividend of 9.65 sen per share in respect of the financial year ending March 31, 2021 and payable on Feb 26, 2021. The entitlement date has been fixed on Feb 10, 2021.
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