Top Glove's shares fall 1.4% on weak Q4 results
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Kuala Lumpur
SHARES of Top Glove Corp, the world's largest maker of rubber gloves by volume, tumbled 1.4 per cent on Tuesday after the company reported weaker fourth-quarter results largely due to higher natural gas prices.
In a filing to the Kuala Lumpur stock exchange on Tuesday, Top Glove reported fourth-quarter earnings of RM45.9 million (S$17.9 million), 5.2 per cent lower than in the corresponding period last year.
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