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Top Glove's shares fall 1.4% on weak Q4 results

Published Tue, Oct 14, 2014 · 09:50 PM

Kuala Lumpur

SHARES of Top Glove Corp, the world's largest maker of rubber gloves by volume, tumbled 1.4 per cent on Tuesday after the company reported weaker fourth-quarter results largely due to higher natural gas prices.

In a filing to the Kuala Lumpur stock exchange on Tuesday, Top Glove reported fourth-quarter earnings of RM45.9 million (S$17.9 million), 5.2 per cent lower than in the corresponding period last year.

For its full year to end-August 2014, the glove maker's net profit declined 8.3…

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