KUALA LUMPUR: Supermax Corp Bhd, the world's second largest rubber glove maker, plans to further expand its market in China, says executive chairman, Datuk Seri Stanley Thai.
He said the company would further enhance its distribution in China in the next five years, starting 2012.
"Supermax will focus on identifying two or three strategic distribution locations, probably in the cluster area and density populated city," he said after briefing analysts, fund managers and investors on Supermax's third-quarter financial results here today.
Thai said the company would use the same business model with a bit of modification because China has a huge population.
He said the company planned to buy a piece of land in Chicago to build a bigger warehouse to further grow its US market, especially the hospital sector.
"The new warehouse should be ready in the third quarter next year and this is expected to increase sales," he said.
Thai said the flood situation in Thailand has not interrupted supply of raw materials as most of them came from south.
For the third quarter ended Sept 30, 2011 Supermax's pre-tax profit fell to RM34.088 million from RM41.448 million in the same quarter of last year.
Revenue, however, increased to RM271.419 million from RM235.104 million previously. -- BERNAMA
He said the company would further enhance its distribution in China in the next five years, starting 2012.
"Supermax will focus on identifying two or three strategic distribution locations, probably in the cluster area and density populated city," he said after briefing analysts, fund managers and investors on Supermax's third-quarter financial results here today.
Thai said the company would use the same business model with a bit of modification because China has a huge population.
He said the company planned to buy a piece of land in Chicago to build a bigger warehouse to further grow its US market, especially the hospital sector.
"The new warehouse should be ready in the third quarter next year and this is expected to increase sales," he said.
Thai said the flood situation in Thailand has not interrupted supply of raw materials as most of them came from south.
For the third quarter ended Sept 30, 2011 Supermax's pre-tax profit fell to RM34.088 million from RM41.448 million in the same quarter of last year.
Revenue, however, increased to RM271.419 million from RM235.104 million previously. -- BERNAMA
