♦ We recently paid management a visit and set out below the key takeaways from the visit.
♦ Demand for gloves still firm. Management is still positive on the demand for gloves and expects it to remain firm moving forward. Gloves remain as a necessity for protection in the healthcare industry, thus making it recession-proof in the event of an economic downturn. Currently, Kossan’s average utilisation rate stands at approximately 90% and this has been rather consistent over the past few years despite the increase in production capacity.
Kossan Rubber Industries Berhad : Demand For Gloves Still Firm - 6/6/2010
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