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KUALA LUMPUR: CGS International expects the earnings before interest and tax (EBIT) margin of Malaysian glove manufacturers to remain weak at US$0.50 per 1,000 pieces in 2024 and a recovery to pre-COVID-19 levels of US$3 per 1,000 pieces is not expected to occur before 2028. It said the prolonged oversupply in the global glove market, […] The post Malaysian rubber glove manufacturers’ EBIT margins not expected to recover before 2028 first appeared on AsiaNewsToday.
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