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
Add BT as a preferred source
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.
TRENDING NOW
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI
Xi Jinping has just rewritten the rules of US-China rivalry
Quantify, be ambitious: Time for CDL, UOL to unveil plans to further boost share price
Singapore developer in limbo after Timor-Leste scraps major township project
