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Top Glove's Q2 profit dips 2.9% to RM105.8m on soaring finance costs

Finance costs soar to RM19.9 million from RM2.7 million previously

Singapore

A JUMP in finance costs caused Top Glove's second-quarter net profit to edge lower by 2.9 per cent to RM105.8 million (S$35.3 million) from RM109 million.

This was despite a 21 per cent rise in revenue for the three months ended Feb 28 to RM1.16 billion. Revenue was...

sentifi.com

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