SUBSCRIBERS

Top Glove Q2 net profit surges to RM2.87b on record sales

Vivienne Tay
Published Tue, Mar 9, 2021 · 09:50 PM

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    Singapore

    MALAYSIA'S Top Glove Corporation saw its second-quarter net profit surge to RM2.87 billion (S$938.4 million), about 25 times that of RM115.7 million posted in the year-ago period.

    This came as the mainboard-listed glove manufacturer recorded its highest-ever quarterly sales revenue of RM5.37 billion, quadrupling from RM1.23 billion the year before.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Copyright SPH Media. All rights reserved.