DRIVEN by the Covid-19 pandemic, numerous new players in the country are getting into glove manufacturing. Many of these are by public companies whose announcements have attracted a fair bit of investor interest, considering the bumper profits the large players have been reporting since last year.

The question is, will they be able to churn out those dream profits? Or will they fall on the wayside as increased capacities catch up with the demand and nudge the average selling prices (ASPs) down?

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