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[COPY] Top Glove 2025 And 2026 Growth Projected At 40% As 4Q Turnover Surges 75.5% YoY
SG Morning Highlights | Top Glove Reports Reduced Q4 Net Loss Amid Higher Sales Volume
JUALAN KUKUH SUKU KEEMPAT BANTU TOP GLOVE KURANGKAN KERUGIAN
KERUGIAN BERSIH TOP GLOVE PADA 4QFY24 SUSUT KEPADA RM3.57 JUTA DIPACU PENINGKATAN JUALAN, PELUPUSAN TANAH
The fourth-quarter loss narrowed significantly to 3.57 million top gloves, suggesting a 20-for-1 voucher.
(Kuala Lumpur, 10th - Due to improved operational efficiency and land sale proceeds, Top Glove (TOPGLOV, 7113, main board medical care group) as of the fourth quarter ending on August 31, 2024, narrowed its net loss to 3.57 million Malaysian Ringgit, compared to a net loss of 0.461.72 million Ringgit in the same quarter last year. The annual net loss also decreased to 61.89 million Ringgit, compared to a net loss of 0.925.21 million Ringgit in the previous fiscal year. The group's revenue for the quarter reached 0.835.39 million Ringgit, a 75.46% increase year-on-year; with the annual revenue reaching 2.515.97 million Ringgit.
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