Ceramic hand formers
The company makes ceramic hand formers, which are shaped molds used to form medical, industrial, and household gloves during production.
Customers and revenue model
M
Mark Dynamics Indonesia Tbk PT
IDX:MARK
Mark Dynamics Indonesia Tbk PT
IDX:MARK
Price:
970
IDR
Market Closed
Market Cap:
Rp3.7T
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Company Overview
Business Description
- Sector
- Industrials
- Industry
- Machinery
- Headquarters
- Indonesia ID
- Employees
- 656
- IPO date
- Jul 12, 2017
Mark Dynamics Indonesia makes ceramic hand formers, the hard molds that rubber glove factories use to shape medical, industrial, and household gloves during production. Its products are not the gloves themselves; they are the tools that let glove makers produce gloves at scale with consistent size and quality.
The company sells mainly to glove manufacturers, both in Indonesia and overseas. It makes money by producing and selling these formers in different hand sizes and shapes, along with related technical support and replacement orders as customers wear out old molds and expand production lines.
This business sits in a very specific part of the glove supply chain. Instead of competing in the finished-glove market, Mark Dynamics supplies the equipment that glove makers need to run their factories, which makes it a niche industrial manufacturer tied closely to glove production and factory upgrades.