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.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!