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Cost management lifts Top Glove in difficult third quarter
Net profit and revenue jump despite sharp increases in raw material prices
Published Fri, Jun 16, 2017 · 09:50 PM
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Singapore
IMPROVEMENTS in its manufacturing process with the aim of managing costs gave a lift to the results of Top Glove in its third quarter.
The rubber glove manufacturer's net profit jumped 24.4 per cent to RM77.7 million (S$25.1 million) from the previous year, the group said in a Singapore Exchange filing on Friday.
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