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6 days ago · Top Glove cuts Q1 loss to RM57.7 million on higher sales volume, cost optimisation. GLOVE manufacturer Top Glove on Wednesday (Dec 20) posted a net loss of RM57.7 million (S$16.4 million) for the first fiscal quarter ended November, versus a net loss of RM168.2 million in the corresponding year-earlier period.
ANALYSIS. US tariffs on Chinese medical imports face industry doubt as alternative suppliers emerge. Top Glove trims Q2 loss to RM51.2 million, aims to return to profit in 2 quarters. Top Glove cuts Q1 loss to RM57.7 million, says price war among glovemakers unlikely. Glove manufacturers, medical suppliers surf new Covid-19 wave.
Sep 10, 2021 · KUALA LUMPUR, Sept 10 (Reuters) - The United States on Friday allowed imports from Malaysia's Top Glove Corp (TPGC.KL), after customs authorities lifted a year-long ban imposed for alleged...
Jul 13, 2022 · Lim started Top Glove in 1991 and turned it into a behemoth that churns 100 billion pieces of gloves annually from 49 factories, supplying 26 per cent of the global market for the protective...
Jun 19, 2024 · KUALA LUMPUR, June 19 — Top Glove Corporation Bhd has returned to the black in the third quarter of financial year 2024 (3Q FY2024) ended May 31, 2024, chalking up a net profit of RM50.67 million compared to a net loss of RM130.59 million in 3Q FY2023.
Dec 15, 2022 · SINGAPORE – Glove manufacturer Top Glove could take up to a year to return to profitability, its founder and executive chairman Lim Wee Chai said on Wednesday, after the group posted a net...
Dec 31, 2021 · KUALA LUMPUR (Dec 31): Top Glove Corp Bhd aims to cement its position as the world’s leading glove manufacturer, as well as aspires to become a Fortune Global 500 company by 2030.
