Malaysia’s strong ringgit squeezes export reliant glove makers
Malaysia’s world-leading producers of latex gloves are facing tightened profit margins as the nation’s strong currency bites into US dollar-denominated earnings, underscoring…
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glove
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 Malaysian glove maker Top Glove on Wednesday (Dec 17) reported a 605 per cent jump in net profit for…
Nike’s Beloved ‘The Glove’ Sneakers Are Coming Back After More Than 10 Years
One of Nike’s classic 1990s basketball sneakers is set to return in 2026 in its original form. According to early leaks, the Nike Air Zoom Flight ’98 The Glove will make its long-awaited…
Top Glove shares surge 7.3% to two-month high on return to full-year profitability
The group attributes its improved performance to improved glove demand and cost efficiency Shares of Top Glove soared on Friday (Oct 10) morning after the Malaysian glovemaker posted its…
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 Shares of Top Glove soared on Friday (Oct 10) morning after the Malaysian glove-maker…
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 Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net profit of…
Top Glove Q3 profit slides 31% to RM34.7 million despite higher revenue
Malaysian glove maker Top Glove on Thursday (Jun 26) posted a net profit of RM34.7 million (S$10.5 million) for its third quarter ended May, 31 per cent down from a profit of RM50.7…
Top Glove swings back to black with RM5.5 million Q1 net profit
GLOVE manufacturer Top Glove posted a net profit of RM5.5 million (S$1.7 million) for the first fiscal quarter ended November, reversing its net loss of RM57.7 million in the previous…
Stocks to watch: Top Glove, FLCT
THE following companies saw new developments that may affect trading of their securities on Friday (Oct 11): Top Glove: The glove manufacturer on Thursday reported significantly narrower…