KUALA LUMPUR: Top Glove Corporation Bhd
posted exceptionally strong earnings in the fourth quarter ended Aug 31, 2020 and also for the financial year (FY20), underpinned by the surge in demand for gloves due to the Covid-19 pandemic.
In a statement to Bursa Malaysia on Thursday, it said net profit in 4Q surged a phenomenal 1,642% to RM1.29bil from RM74.16mil a year ago. The sizzling performance drove its FY20 net profit 412% higher to RM1.86bil from RM364.67mil a year ago.
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