ZIBO, China -- September 01, 2026 -- INTCO Medical, the Shenzhen-listed manufacturer behind a large share of the world's disposable glove supply, reported first-half 2026 revenue of RMB 6.91 billion (about $1.03 billion), a 40.61% increase from a year earlier, the company said on Aug. 28, 2026. Net profit attributable to shareholders rose 17.86% to RMB 837.3 million (about $124.6 million), while adjusted net profit, excluding one-time gains and losses, climbed 165% to RMB 1.06 billion (about $157.7 million). The results arrived as the company pushed its annualized glove production capacity to 107 billion pieces by the end of June, a scale it said makes it the world's largest producer of disposable gloves.
Capacity Climbs to 107 Billion Gloves a Year
Of that total capacity, 74 billion pieces are disposable nitrile gloves and 33 billion are disposable vinyl gloves. For hospitals, food processors and factories that depend on steady glove supply, that kind of volume matters most during shortages or price spikes, when buyers scramble for reliable sources.
Controlling Raw Material Supply Cuts Cost Swings
INTCO Medical's operations stretch from nitrile latex production through equipment manufacturing, glove production and global sales. The company holds controlling or equity stakes in nitrile latex manufacturers, a structure it said helps buffer key raw material costs against swings in international crude oil prices. Coordinated domestic and international manufacturing lets the company shift production where demand rises, which it said supports steadier delivery for customers worldwide.
New Materials Target Latex Allergies and Industrial Wear
Research and development spending rose 20.62% to RMB 245.9 million (about $36.6 million) during the period. Among the products that spending produced is Syntex Synthetic Latex Gloves, made without natural latex proteins while offering high elasticity and puncture resistance, a feature aimed at people who react to natural rubber latex. The company also introduced Synmax Pro Exam Gloves, an enhanced vinyl glove built for food service and industrial settings, alongside new safety work gloves and household gloves.
Automated Line Keeps Defect Rates Low
INTCO Medical's newest nitrile glove production line runs more than 1.6 kilometers and includes roughly 500 control points. A precision distributed control system automatically adjusts temperature and liquid levels based on real-time production conditions, cutting labor and energy use while keeping output stable. The company reported that its glove product yield stayed above 99% throughout the first half of the year.