top glove
Malaysia’s strong ringgit squeezes export reliant glove makers
Strategists say the currency is poised to extend gains in 2026
Top Glove Q1 profit surges more than 600% as costs fall
The glove maker reports a drop in operating expenses to RM842.9 million for the quarter
Top Glove shares end flat after 7.3% surge in intra-day trade on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency
Top Glove swings into the black with RM38.6 million Q4 net profit; returns to full-year profitability
It declares a final dividend of 0.48 sen per share and attributes the improved performance to stronger demand
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
The firm puts this down to lower average selling prices and stiffer competition, but has a brighter outlook for the longer term
Malaysian glove makers will likely stay afloat in Trump tariff tsunami, but face being priced out in non-US markets
Uneven duties are expected to make Chinese-made gloves more expensive in the US, which could benefit manufacturers in the South-east Asian country
Semiconductor, shipbuilding stocks suffer heavy losses in SGX bloodbath
The share prices of banking trio DBS, OCBC and UOB have also retreated significantly
Top Glove swings back to black with RM30.3 million Q2 profit
This translates into a basic earnings per share of 0.38 sen
Malaysian glove makers poised for US growth but broader tariffs may upend optimism
They may also face stiffer competition as Chinese rivals pivot from the US to markets in Europe and Asia, add analysts
Top Glove swings back to black with RM5.5 million Q1 net profit
More US orders ahead of 50% tariff on glove imports from China contribute to higher sales volume
