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Hartalega’s next generation integrated glove complex (NGC) will lift its overall output to 43.0bn pieces by 2020. At the same time, Kossan is boosting capacity to 22.0bn pieces by May 2014, while Supermax is doubling its nitrile capacity to 12.3bn pieces by end-2014. Based on these nitrile capacity expansion plans, we estimate that

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Upon completion by 2020, the group’s capacity is expected to enlarge to 42.5 billion gloves per annum. The group produces 95% nitrile gloves and 5% latex gloves. In the first half of financial year 2016 (1H16), Hartalega registered double-digit top and bottom line growth of 26.2% year-on-year and 16.9% y …