Cost management lifts Top Glove in difficult third quarter
Net profit and revenue jump despite sharp increases in raw material prices
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.