Hartalega's 1Q Sales May Increase Sequentially -- Market Talk

Dow Jones

May 06

0155 GMT - Hartalega's sales volume could increase between 3% to 5% sequentially in fiscal 1Q, driven by robust gloves demand, TA Securities analyst Tan Kong Jin says in a note. The glove maker's plant utilization rates are above 96%, excluding hibernated plants, he notes. Management says it is ramping up production at Plant 9 and gradually restarting Plant 3 to support capacity growth. Higher nitrile butadiene rubber prices following the Middle East conflict have raised input costs, but NBR supply remains stable due to Hartalega's diversified supplier base, he says. Hartalega has raised average selling prices, which should help offset higher costs and support stronger profit margins, he adds. TA Securities maintains a hold rating and keeps the target price at 1.26 ringgit. Shares are 1.7% lower at 1.16 ringgit. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

May 05, 2026 21:55 ET (01:55 GMT)

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The glove maker's plant utilization rates are above 96%, excluding hibernated plants, he notes. Management says it is ramping up production at Plant 9 and gradually restarting Plant 3 to support capacity growth. Higher nitrile butadiene rubber prices following the Middle East conflict have raised input costs, but NBR supply remains stable due to Hartalega's diversified supplier base, he says. Hartalega has raised average selling prices, which should help offset higher costs and support stronger profit margins, he adds. TA Securities maintains a hold rating and keeps the target price at 1.26 ringgit. Shares are 1.7% lower at 1.16 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2026 21:55 ET (01:55 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hartalega's 1Q Sales May Increase Sequentially -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHartalega's 1Q Sales May Increase Sequentially -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-06 09:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0155 GMT - Hartalega's sales volume could increase between 3% to 5% sequentially in fiscal 1Q, driven by robust gloves demand, TA Securities analyst Tan Kong Jin says in a note. The glove maker's plant utilization rates are above 96%, excluding hibernated plants, he notes. Management says it is ramping up production at Plant 9 and gradually restarting Plant 3 to support capacity growth. Higher nitrile butadiene rubber prices following the Middle East conflict have raised input costs, but NBR supply remains stable due to Hartalega's diversified supplier base, he says. Hartalega has raised average selling prices, which should help offset higher costs and support stronger profit margins, he adds. TA Securities maintains a hold rating and keeps the target price at 1.26 ringgit. Shares are 1.7% lower at 1.16 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 05, 2026 21:55 ET (01:55 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PA3.SI","symbol_name":"长益","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2633228971","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2633228971","pubTimestamp":1778032500,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0155 GMT - Hartalega's sales volume could increase between 3% to 5% sequentially in fiscal 1Q, driven by robust gloves demand, TA Securities analyst Tan Kong Jin says in a note. The glove maker's plant utilization rates are above 96%, excluding hibernated plants, he notes. Management says it is ramping up production at Plant 9 and gradually restarting Plant 3 to support capacity growth. Higher nitrile butadiene rubber prices following the Middle East conflict have raised input costs, but NBR supply remains stable due to Hartalega's diversified supplier base, he says. Hartalega has raised average selling prices, which should help offset higher costs and support stronger profit margins, he adds. TA Securities maintains a hold rating and keeps the target price at 1.26 ringgit. Shares are 1.7% lower at 1.16 ringgit. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"PA3.SI":"长益","BK6045":"建筑与工程","BK6512":"房地产股"},"translate_title":"Hartalega第一季度销售额可能环比增长——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"PA3.SI":0.71},"content_text":"0155 GMT - Hartalega's sales volume could increase between 3% to 5% sequentially in fiscal 1Q, driven by robust gloves demand, TA Securities analyst Tan Kong Jin says in a note. The glove maker's plant utilization rates are above 96%, excluding hibernated plants, he notes. Management says it is ramping up production at Plant 9 and gradually restarting Plant 3 to support capacity growth. Higher nitrile butadiene rubber prices following the Middle East conflict have raised input costs, but NBR supply remains stable due to Hartalega's diversified supplier base, he says. Hartalega has raised average selling prices, which should help offset higher costs and support stronger profit margins, he adds. TA Securities maintains a hold rating and keeps the target price at 1.26 ringgit. Shares are 1.7% lower at 1.16 ringgit. (yingxian.wong@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 05, 2026 21:55 ET (01:55 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}