HLT is primarily involved in designing, fabricating, installation, testing, and commissioning of glove-dipping lines. Additionally, the Group provides upgrading and modification works for glove-dipping lines, as well as supplies and trades associated parts and components.
As projected by the Malaysian Rubber Glove Manufacturers Association (MARGMA), glove demand is expected to resume its 10% annual growth trajectory due to various drivers, such as increasing hygiene awareness, an aging population, and the recovery of non-COVID19 related demand.
Source: PublicInvest Research - 8 Apr 2024
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