KUALA LUMPUR: HARTALEGA HOLDINGS BHD []'s share price rose on Wednesday, Aug 11 after the company's net profit rose 57% to RM41.46 million in the first quarter ended June 30 from RM26.37 million a year ago, underpinned by higher demand and increase in average selling price of both nitrile and latex gloves.
At 9.10m, Hartalega was up 11 sen to RM8.01 with 21,500 shares traded.
Hartalega's revenue rose 35.6% to RM169.96 million from RM125.33 million. Earning per share were 17.11 sen versus 10.88 sen. Pretax profit rose 64.4% to RM53.76 million from RM32.06 million.
At 9.10m, Hartalega was up 11 sen to RM8.01 with 21,500 shares traded.
Hartalega's revenue rose 35.6% to RM169.96 million from RM125.33 million. Earning per share were 17.11 sen versus 10.88 sen. Pretax profit rose 64.4% to RM53.76 million from RM32.06 million.
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