Q&ACategory: Dividend StocksHartalega Malaysia
Michael Kumar asked 2 months ago
Why has hartalega not declared dividends for 2023? 
1 Answers
Chee Hoi Shak Staff answered 2 months ago
Hi Michael, For FY2023, Hartalega suffered a net loss as they impaired and decommissioned their less efficient and less cost-effective Bestari Jaya manufacturing facilities amid the glove oversupply situation. I believe they will resume their dividend policy soon as the turn tides or the average selling prices of gloves bounce back from the bottom.