Hartalega reports MYR 103.0 million profit: 17.4 percent revenue fall tests Hartalega stock

Published on 10/20/2026 at 02:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fiscal 2026 profit rose 38.2 percent to MYR 103.0 million for Hartalega stock as revenue fell 17.4 percent. Market value is MYR 3.6 billion.

Profit and revenue diverge

Fiscal 2026 net income reached MYR 103.0 million on October 9, 2026.
Revenue fell 17.4 percent in fiscal 2026 while net margin rose to 4.8 percent.
Hartalega's market value stood at MYR 3.6 billion on October 20, 2026.

Hartalega, MYL5168OO009, Illustration mit AI erstellt.

Hartalega (MYL5168OO009) reported fiscal 2026 net income of MYR 103.0 million, up 38.2 percent from MYR 74.5 million, while revenue fell 17.4 percent to MYR 2.1 billion. Fisclear published those figures on October 9, 2026 for the fiscal year ended March 31, 2026. The result leaves Hartalega with a sharper earnings and revenue split than its top-line figure alone suggests.

Profit growth meets weaker sales

The fiscal 2026 margin picture improved alongside the profit increase. Simply Wall St said net margin rose to 4.8 percent from 2.9 percent in fiscal 2025, while earnings per share increased to MYR 0.03 from MYR 0.022. The combination points to lower expenses supporting profitability even as glove revenue contracted.

What does profit mean for margins?

The answer is visible in the comparison between MYR 103.0 million of fiscal 2026 net income and the MYR 74.5 million recorded in fiscal 2025. The improvement was substantial in percentage terms, but the revenue decline shows that cost control and mix mattered at least as much as sales growth. Hartalega manufactures latex and nitrile gloves, according to The Star.

Stock stays below yearly high

The last quoted Bursa Malaysia price stood at MYR 1.09 on October 19, 2026 at 7:12 p.m. MYT. The same market page listed a 52-week high of MYR 1.38 and a 52-week low of MYR 0.80, placing the quotation 21.01 percent below the high. Simply Wall St listed Hartalega's market capitalization at MYR 3.6 billion and covered the company with 15 analysts as of its October 2026 update.