You are here

Top Glove first-quarter earnings soar to RM129 million

BT_20151216_PNGLOVE16_2024380.jpg
Top Glove's 16 per cent profit margins were almost double from a year ago as it rode on a sweet spot of growing operational efficiencies and robust US dollar- denominated exports.

Kuala Lumpur

WHILE the shrinking ringgit and economic slowdown have most companies leery of their prospects, Top Glove Corporation is looking forward to "a very good year ahead" after charting record earnings in the first quarter that were 46 per cent of the last full-year profits.

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom