Softer earnings ahead for Top Glove, says CIMB Research


KUALA LUMPUR : Top Glove Corp Bhd may report softer earnings going forward following a more cautious outlook due to intensified pricing pressure, less volatile US dollar and rising raw material prices, says CIMB Research.

In a note today, the research house said it has maintained an 'Add' recommendation for Top Glove's stock with a fair value of RM5.90.

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