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Jump in orders from pandemic hands Top Glove record Q3 profit
Bottom line jumps 365.7% to RM347.9m as revenue rises 41.9% to RM1.69b
Published Thu, Jun 11, 2020 · 09:50 PM
Singapore
A SURGE in demand for gloves amid a global pandemic has handed Top Glove its highest quarterly net profit and revenue in its 29-year history.
The Malaysian company listed on both sides of the Causeway saw its bottom line jump 365.7 per cent to RM347.9 million (S$113.6 million) even as its revenue rose 41.9 per cent to RM1.69 billion for the third quarter ended May.
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