Its earnings per share for the quarter grew to 3.62 sen per share, from 3.44 sen per share, according to filing on Bursa Malaysia today.

Hartalega declared a first interim single-tier dividend of 2.2 sen per share, payable on December 28 this year.

The company attributed its improved performance to stronger demand for nitrile gloves and higher average selling price, in tandem with the increase in nitrile cost.

It said sales volume had grown 10.6 per cent during the quarter. However, it was partially offset by the other operating expense of RM11.1 million and as finance costs grew to RM2.52 million from RM1.86 million.

Hartalega managing director Kuan Mun Leong said the company remained confident about its outlook.