菜宝钱包(caibao.it)是使用TRC-20协议的Usdt第三方支付平台,Usdt收款平台、Usdt自动充提平台、usdt跑分平台。免费提供入金通道、Usdt钱包支付接口、Usdt自动充值接口、Usdt无需实名寄售回收。菜宝Usdt钱包一键生成Usdt钱包、一键调用API接口、一键无实名出售Usdt。

首页社会正文

ug开户(www.ugbet.us):Falling demand, lower prices drag glove makers

admin2022-08-255

新2信用网出租www.hg108.vip)是新2(正网)接入菜宝钱包的TRC20-USDT支付系统,为新2代理提供专业的网上运营管理系统。新2信用网出租系统实现注册、充值、提现、客服等全自动化功能。采用的USDT匿名支付、阅后即焚的IM客服系统,让新2代理的运营更轻松更安全。

Hartalega Holdings Bhd’s shares fell 35 sen or 12.5% to RM2.45, erasing some RM1.2bil in market capitalisation, with the stock now trading at five-year lows as investors digested its 96% year-on-year (y-o-y) drop in earnings for its second quarter. Top Glove Corp Bhd fell five sen or 5.6% to 93 sen which erased RM400mil of its market value as its shares hit values last seen five years ago.

PETALING JAYA: Glove makers came under fresh selling pressure yesterday on bearish demand-supply fundamentals as analysts warn a glut in the world market is set to pressure average selling prices (ASPs) further as Chinese glove makers push for market share.

Local glove makers are now caught in a perfect storm of falling demand, lower pricing power and a jump in supply and production capacities that are hitting margins hard.

Hartalega Holdings Bhd’s shares fell 35 sen or 12.5% to RM2.45, erasing some RM1.2bil in market capitalisation, with the stock now trading at five-year lows as investors digested its 96% year-on-year (y-o-y) drop in earnings for its second quarter.

Top Glove Corp Bhd fell five sen or 5.6% to 93 sen which erased RM400mil of its market value as its shares hit values last seen five years ago.

Supermax Corp Bhd shares ended three sen lower at 82 sen, losing RM80mil in market capitalisation. At its current price, Supermax shares are trading at two-year lows.

The sharper fall in Hartalega shares is partly due to the Employees Provident Fund being a net seller of the stock, an exchange filing by the company showed.

,

ug开户www.ugbet.us)开放环球UG代理登录网址、会员登录网址、环球UG会员注册、环球UG代理开户申请、环球UG电脑客户端、环球UG手机版下载等业务。

,

CGS-CIMB Research continues to like Hartalega for its industry-leading margins and technology advantage in nitrile gloves.

Analyst reports yesterday stated that industry players were set to face challenging times ahead following declining utilisation rates and softening ASPs amid the weak global demand.

This is reflected in Hartalega’s 96% y-o-y core net profit drop to RM88.3mil for the first quarter of financial year 2023 (1Q23) results.

It missed most estimates due to lower-than-expected ASPs from the supply glut in the global glove sector.

According to CGS-CIMB Research, Hartalega is expected to post sequentially lower earnings in the next three quarters.

“We gather global glove demand is still weak, with customers keeping low inventory levels. There is also an abundance of supply in the market.

“Glove makers, especially from China, are lowering their ASPs to be competitive in the market,” it said in its note to clients yesterday.

网友评论