Hartalega Starts Financial Year Profitable With RM31 Million PAT
Hartalega Starts Financial Year Profitable With RM31 Million PAT
Hartalega reported it first quarter results registering a higher revenue of RM584 million, an increase of RM144 million or 32.7% from the preceding year corresponding quarter (Q1FY24).
Hartalega公佈了其第一季度業績，收入增加了58400萬令吉，比去年同期增長了1.44萬令吉，增長了32.7％（Q1FY24）。
The group said the notable revenue improvement was mainly attributable to improved sales volume and a marginal increase in average selling prices (ASP) during the period. However, it noted revenue was partially impacted by shipment delays amid the ongoing global shipment constraints. The Group registered a profit before tax of RM41 million while PAT was RM31 million during the quarter as compared with a loss of RM52 million in Q1FY24.
該集團表示，收入的顯著增長主要歸因於銷量的增加以及同期平均銷售價格（ASP）的略有上升。但是，它指出，在持續的全球運輸限制下，收入部分受到發貨延誤的影響。該集團在本季度的稅前利潤爲41億令吉，而PaT爲3100萬令吉，而 Q1FY24 的虧損爲5200萬令吉。
The glove maker said pProfitability improved on the back of higher revenue during the quarter, as well as lower operating costs driven by improved production efficiencies with higher capacity utilisation.
這家手套製造商表示，本季度收入增加，以及生產效率提高和產能利用率提高所推動的運營成本降低，盈利能力有所提高。
It also noted that Q1FY24 results was impacted by a one-off provision for severance pay of RM 47 million following the announcement of the decommissioning of Bestari Jaya facilityThe rubber glove industry has faced a sharp downturn in the wake of the post pandemic pent-up demand surge, influenced by global overcapacity, excess stockpiling of inventory, and heightened competition among regional and domestic manufacturers.
它還指出，在宣佈停用Bestari Jaya設施後，Q1FY24 的業績受到一次性遣散費4700萬令吉的影響。受全球產能過剩、庫存過剩以及區域和國內製造商之間競爭加劇的影響，橡膠手套行業在疫情後被壓抑的需求激增之後面臨急劇衰退。
As for outlook, Hartalega said despite the challenges, there are early signs of improving demand for rubber gloves, driven by a gradual recovery in sales orders as pandemic stockpiles diminish. Moreover, actions taken by key domestic producers to streamline capacity and the exit of new entrants have alleviated some of the oversupply pressures. Consequently, the Group continues to ramp up production capacity in anticipation of a more favourable demand environment.
至於前景，Hartalega表示，儘管面臨挑戰，但由於疫情庫存減少，銷售訂單逐漸恢復，對橡膠手套的需求有改善的初步跡象。此外，國內主要生產商爲精簡產能所採取的行動和新進入者的退出緩解了一些供應過剩的壓力。因此，該集團繼續提高產能，以應對更有利的需求環境。
However, it does note on the headwinds that persist for the sector due to global oversupply, which is expected to continue exerting pressure on average selling prices as the market adjusts towards equilibrium. Additionally, the sector is facing ongoing shipping constraints arising from the Red Sea Crisis that have disrupted established trade routes causing shipment delays.
The longer-term prospects for the rubber glove sector remain intact as the Group foresees a return to, and expansion beyond, pre-pandemic levels of demand, driven by the fact that gloves are essential for the healthcare sector.
但是，它確實注意到由於全球供過於求，該行業持續面臨不利因素，隨着市場向平衡的調整，預計供應過剩將繼續對平均銷售價格施加壓力。此外，該行業正面臨紅海危機造成的持續航運限制，這些限制中斷了已有的貿易路線，導致運輸延誤。
橡膠手套行業的長期前景保持不變，因爲在手套對醫療保健行業至關重要這一事實的推動下，該集團預計需求將恢復到疫情前的水平，並擴大到疫情前的水平。