MARK – Targeting double-digit growth in 2024

MARK – Targeting double-digit growth in 2024 Mark Dynamics Indonesia (MARK) booked sales of IDR559.47 bn (-32% yoy) and net profit of IDR156 bn (-35.8% yoy) in 2023 due to normalization from the Covid-19 pandemic and lower increase in its ASP. This year, MARK targets double-digit growth in line with the estimated increasing global demand in the glove industry. MARK also prepares strategies in the form of strengthening marketing to a number of countries, such as Malaysia, Thailand and China, strengthening innovation in energy-saving glove products and maintaining production capacity of 2 mn per month. (Source : Kontan)