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Top Glove Q1 profit up 1.2% on better nitrile glove sales
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Published Tue, Dec 17, 2019 · 09:50 PM
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Singapore
TOP Glove's net profit edged up 1.2 per cent to RM111.4 million (S$36.4 million) for its first quarter ended Nov 30 from RM110.1 million a year ago following strong growth in the nitrile glove segment, the mainboard-listed glove manufacturer said on Tuesday.
Technology advancements, automation and digitalisation also contributed to better sales and profits.
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