Hartalega’s Q3 earnings likely to surge 643pc to record high, says RHB Investment | Malay Mail

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Hartalega’s Q3 earnings likely to surge 643pc to record high, says RHB Investment | Malay Mail
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KUALA LUMPUR, Jan 19 — Hartalega Holdings Bhd’s earnings are projected to hit a record high in its third financial quarter (Q3) ended Dec 31, 2020, surging 643 per cent year-on-year to RM900 million, said RHB Investment Bank Bhd. The investment bank said the growth would be driven by an...

Tuesday, 19 Jan 2021 12:05 PM MYT

KUALA LUMPUR, Jan 19 — Hartalega Holdings Bhd’s earnings are projected to hit a record high in its third financial quarter ended Dec 31, 2020, surging 643 per cent year-on-year to RM900 million, said RHB Investment Bank Bhd. “As Hartalega’s ASP comes from low base of US$33.80 per box in the second quarter ,” it said in a note today.

On top of superb earnings, the bank said it liked Hartalega for its gold standard in Covid-19 prevention among workers.

 

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