Top Glove Corporation

The group’s narrower losses can be attributed to ongoing operational, quality and cost optimisation efforts, they say.

The loss comes after the group's earnings of RM225.6 million in FY2022.

The decline is also attributable to the high base in the same period the year before when the pandemic was at its peak.

Disposable gloves made by Top Glove in Malaysia will be admissible at all US ports of entry as of Sept 10.

“We wouldn’t have achieved today’s results without the contribution and commitment of our employees."

With the global vaccine roll-out underway and Chinese glove manufacturers joining the fray, could oversupply be on the cards?

Shares of Malaysian glovemakers are down at least 40% from highs, wiping more than US$9 billion from founders' net worths.

Cleanroom product manufacturer Riverstone Holdings receives another clean bill of health with a rosy outlook ahead, owing to strong demand in the face of Covid-19.

SINGAPORE (Dec 18): AmInvestment Bank is keeping its “buy” call on Top Glove Corporation, despite continued headwinds for the world’s largest rubber glove manufacturer.

SINGAPORE (Dec 17): Top Glove Corporation has reported earnings of RM111.4 million ($36.4 million) for the 1QFY2020 ended November 2019, some 1.2% higher than earnings of RM110.1 million recorded a year ago.