Top Glove swings back to black with RM30.3 million Q2 profit 

[SINGAPORE] Malaysian glove manufacturer Top Glove returned to the black with a net profit of RM30.3 million (S$9.1 million) for its second quarter ended Feb 28, 2025, reversing from a net loss of RM51.2 million in the year-ago period.

This translated into a basic earnings per share (EPS) of 0.38 sen, from a basic loss per share (LPS) of 0.64 sen for Q2 of FY2024.

On Thursday (Mar 20), the group attributed its improved performance to a sustained uptrend in glove orders on the back of recovering global demand, as well as trade diversions resulting from US tariffs on Chinese glove exports, which spurred continued growth in its sales revenue.