Hartalega Holdings Berhad (KLSE: HARTA) (“Hartalega”) held its first corporate results media briefing on September 7, 2021 following the release of its financial results for the first quarter ended June 30, 2021 (Q1FY22).  Its Q1 revenue rose nearly threefold to RM3.9 billion from RM920.1 million on the back of higher average selling prices and sales volume. Meanwhile, Q1 net profit increased more than 10-fold to RM2.3 billion from RM219.7 million a year ago, benefiting also from lower utilities expenses, which was partly offset by increases in raw material prices.  Despite the stellar results, Hartalega’s share price has fallen 39% year-to-date to its lowest level this year, closing at RM6.40 on September 17, 2021, as the market prices in the main downside risk factor – falling average selling prices (ASPs) of gloves going forward.  As investors, it is important that we remain forward looking, and consider closely the future prospects...