Hartalega Records 125% Jump In 2Q Profit To RM18 Million

For the current quarter ended 30 September 2025 (Q2FY26), rubber glove maker Hartalega recorded revenue of RM540 million, representing a decrease of RM112 million or 17.2% compared to the corresponding quarter of the previous financial year (Q2FY25). The decline was primarily

attributable to 13% reduction in sales volume during the quarter, mainly due to competitive pricing

pressure in non-U.S. markets.

In addition, it noted that Average Selling Price (“ASP”) in MYR declined by 5%, primarily arising from the strengthening of MYR against USD.

The Group reported an operating profit of RM13.7 million for the quarter, an increase of RM40.4

million compared to Q2FY25. The improvement was mainly driven by cost optimisation initiatives

to drive unit cost down and improve operational efficiency.

As a result, the Group registered a profit before tax of RM23.5 million and pat of RM18 million compared to RM8 million in the previous year’s quarter.

The higher profit before tax was mainly attributed to lower material cost, cost savings achieved by the Group, as well as improved hedging efficiency that mitigated the impact of foreign exchange losses.

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