Top Glove Corporation Bhd

Analyst Wong Wei Sum still expects the company to be loss-making in FY2024. Top Glove is expected to see profitability in FY2025.

"This is to be expected as the pandemic recedes and it is part of the business cycle,": Top Glove's managing director, Dato Lee

Top Glove's shareholders will be receiving 5.4 sen per share for the 4QFY2021 comprising a final dividend and special dividend.

As at 11.17am, shares in Top Glove are trading 10 cents lower or 4.4% down at $2.18.

The group has commenced quarterly dividend payments for FY2021; declares dividend of 16.5 sen per share for 1Q.

As at 3.36pm, shares at Top Glove were up 5 cents or 1.74% to $2.92 on the Singapore Exchange.

At US$1 billion, Top Glove’s listing would be the biggest ever by a Malaysian company in Hong Kong, according to Bloomberg data.

SINGAPORE (July 22): Apart from topping the charts for its supernormal earnings, Top Glove seems to be at the top of authorities’ watch list.

“CBP’s decision may have been spurred by possible lobbying by non-governmental organisations,” he says in a July 17 note, following a call with Top Glove’s management.Specifically, the management points to the latter and believes it can be res

Top Glove shares fell 6.0% from a high of $7.64 at 9.55am to $7.18 at 11.58 as US Customs and Border Protection (CBP) has placed a detention order on disposable gloves manufactured by two of the company’s subsidiaries.