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VIP Gloves 'overwhelmed by demand' with sales orders full to end of next year

VIP Gloves Ltd’s (ASX:VIP) Sebastian Chang tells Proactive's Andrew Scott its sales order book for nitrile gloves has increased and is currently full for delivery up to the end of 2021. To fulfil its existing sales orders and to allow the company to commit to new orders they're urgently pursuing completion of the installation of new production lines.

Quick facts: VIP Gloves Ltd

Price: 0.061 AUD

ASX:VIP
Market: ASX
Market Cap: $45.5 m
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VIP Gloves announces 'generous' new dividend policy

VIP Gloves Ltd's (ASX:VIP) Sebastian Chang caught up with Proactive's Andrew Scott following the news the company has approved a new dividend policy whereby an annual dividend payout ratio of between 20% and 40% of earnings before significant items, subject to the company's financial position,...

on 8/12/20

2 min read