Escream

 Very happy morning all at Esceramic Technology

And these are the salient factors:

1. Excellent result of 1,000% profit surge

2. Results shown are due to increasing ASP, payables received and cash upfront from new orders of hand molds.

This shows that Esceramic is involved with CASH Business with Good Paying Customers

3. As a result Cash position has jumped to Rm60 millions

4. With so much fresh sales Esceramic is doubling production from 500,000 hand formers to 1 million hand formers by adding two new factories -- making it the largest Glove Hand Formers manufacturer in the world

With factories located both in Thailand and Perak it will capture the lion share of glove hand Former business by both sales and services (hand formers life span ranges from 8 months to 15 months ) and are subjected to constant moving, dipping into chemicals and heating in ovens see https://www.youtube.com/watch?v=1-uH0KmgU_o

5. Sri Trang Thai Rm6.4 billion expansion till year 2026 will ensure lots of immediate business

6. Hartalega Rm7 billions expansion near Thai border will give long term 20 years demand

7. Thailand is now the bigger rubber producer on earth followed by Indonesia Malaysia in 3rd place

Japan, USA and Europe cannot compete in medical gloves because rubber trees cannot grow in their countries so they don't have fresh rubber latex . For Sri Trang Thai and Topgloves they have their own rubber plantations

8. That means that Esceramic is almost a sole monopoly and will have a long term edge in growth for many more years to come