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VIP Gloves reports strong cashflow to support aggressive expansion and future dividends

VIP Gloves reports strong cashflow to support aggressive expansion and future dividends

VIP Gloves Ltd's (ASX:VIP) Sebastian Chang tells Proactive's Andrew Scott revenue in its March quarter increased by 31% and average selling prices by 19% compared to the previous quarter. Production lines 5 and 6 were successfully commissioned during the quarter with total production output at 163 million pieces - an 18% increase compared to the previous quarter.