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**Intrinsic Analysis:**
Top Glove Corporation Berhad is a major global producer of rubber gloves, with operations in Malaysia, Thailand, China, and Vietnam. The company manufactures a wide variety of gloves for medical, surgical, and industrial use.
- **Financial Performance**: In 2023, Top Glove saw a significant drop in revenue to MYR 2.26 billion from MYR 5.57 billion in 2022, reflecting a 59.49% decline. This was primarily due to decreased global demand...
Top Glove Corporation Berhad is a major global producer of rubber gloves, with operations in Malaysia, Thailand, China, and Vietnam. The company manufactures a wide variety of gloves for medical, surgical, and industrial use.
- **Financial Performance**: In 2023, Top Glove saw a significant drop in revenue to MYR 2.26 billion from MYR 5.57 billion in 2022, reflecting a 59.49% decline. This was primarily due to decreased global demand...
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$Top Glove(BVA.SG$ $Medtecs Intl(546.SG$ $Riverstone(AP4.SG$ $UGHealthcare(8K7.SG$
Topglov and Riverstone at new/near 52w hi already….the 2 smaller players gotta wotk harder to reach their 52w hi…come on work harder![]()
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Topglov and Riverstone at new/near 52w hi already….the 2 smaller players gotta wotk harder to reach their 52w hi…come on work harder
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$TOPGLOV(7113.MY$ has announced its financial results for the Third Quarter ended 31 May 2024 (3QFY2024), recorded revenue of RM637 million, an increase of 16% quarter on quarter and 20% year on year. The PAT (Profit After Tax) has recorded RM50.7 million, making a net profit margin of 7.95%. Based on the report, the raw materials of glove production were on an uptrend, where the average natural latex concentr...
![Top Glove Positive Profit After Tax for the Third Quarter ended 31 May 2024 (3QFY2024)](https://sgsnsimg.moomoo.com/sns_client_feed/104849695/20240621/1718979230460-random3832-104849695-android-org.png/thumb?area=104&is_public=true)
![Top Glove Positive Profit After Tax for the Third Quarter ended 31 May 2024 (3QFY2024)](https://sgsnsimg.moomoo.com/sns_client_feed/104849695/20240621/1718979244529-random6023-104849695-android-org.jpeg/thumb?area=104&is_public=true)
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$Top Glove(BVA.SG$
Top Glove said it expects the price of its raw materials to soften for the rest of the year, leading to a further improvement in its profit margin.
The group also expects to see an increase in glove demand in the coming quarters as the US may switch from China to Malaysia for its imports.
Although raw material costs escalated in its third financial quarter ended May 31, 2024 (3QFY2024), Top Glove managing director Lim Cheong Guan said the group has managed to improve its p...
Top Glove said it expects the price of its raw materials to soften for the rest of the year, leading to a further improvement in its profit margin.
The group also expects to see an increase in glove demand in the coming quarters as the US may switch from China to Malaysia for its imports.
Although raw material costs escalated in its third financial quarter ended May 31, 2024 (3QFY2024), Top Glove managing director Lim Cheong Guan said the group has managed to improve its p...
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$Top Glove(BVA.SG$
Top Glove posted results that were above expectations. Analysts were still expecting a loss, but it returned to the black.
Top Glove returns to black in 3Q on stronger glove demand
$Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$ $Riverstone(AP4.SG$
Top Glove posted results that were above expectations. Analysts were still expecting a loss, but it returned to the black.
Top Glove returns to black in 3Q on stronger glove demand
$Medtecs Intl(546.SG$ $UGHealthcare(8K7.SG$ $Riverstone(AP4.SG$
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