Kuala Lumpur, 19 September 2025 — Hartalega Holdings has announced tangible cost savings following its sustainability initiatives, even as it faced challenges integrating production lines from its now-decommissioned Bestari Jaya facility. Improvements in utilities usage and waste management have helped reduce expenses and strengthen the company’s financial flexibility.
In its FY2025 performance, Hartalega held its carbon emissions intensity roughly flat year-on-year; efficiency gains in other areas were largely offset by the temporary disruptions tied to facility consolidation. However, the company posted a 35.4% reduction in electricity consumption intensity (to 3.34 kWh per 1,000 pieces) and a 27.2% improvement in water use efficiency. These gains allowed Hartalega to meet its FY2026 water efficiency target a year ahead of schedule.
Waste intensity also improved by 16.7%, mainly due to reductions in non-hazardous waste. On the flip side, hazardous waste levels increased in line with higher production volumes. Importantly, Hartalega reported zero environmental non-compliance incidents in FY2025.
These operational efficiencies translated into financial benefit—energy-related improvements contributed to a 1.7% year-on-year improvement in the cost of goods sold. Meanwhile, Hartalega’s strong balance sheet remains a key strength: as of the first quarter of FY2026, the company held net cash of RM986 million, equating to RM0.29 per share.
Looking ahead, forecasts for Hartalega over FY2026–28 remain unchanged, according to research firm HLIB. The firm said that Hartalega’s ongoing decommissioning of less efficient plants, coupled with automation upgrades and production line enhancements, should fortify its position as one of Malaysia’s most efficient generic medical examination glove manufacturers.
As of mid-morning, Hartalega shares were trading at RM1.190, down marginally by 0.83%, likely reflecting market caution despite the strong sustainability performance. BusinessToday
