The number of analysts recommending
KUALA LUMPUR: Top Glove Corp Bhd
reported its best ever quarterly revenue, but earnings growth was muted due to the high cost of buying surgical glove Aspion Sdn Bhd and aggressive factory expansion.
Net profit in the first quarter ended Nov 30 rose 4% to RM110mil, as sales soared to RM1.26bil. Total volume sold increased 19%, the company said in a statement yesterday.
Already a subscriber? Log in.
Get 30% off with our ads free Premium Plan!
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!
