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Top Glove posts 31.2% rise in 2Q earnings to $37 mil on higher sales

Samantha Chiew
Samantha Chiew • 2 min read
Top Glove posts 31.2% rise in 2Q earnings to $37 mil on higher sales
SINGAPORE (Mar 15): Top Glove, the largest manufacturer of gloves globally, announced full-year earnings ended Jan rose 31.2% to RM109 million ($36.6 million) in 2Q18 from RM83.1 million in 2Q17.
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SINGAPORE (Mar 15): Top Glove, the largest manufacturer of gloves globally, announced full-year earnings ended Jan rose 31.2% to RM109 million ($36.6 million) in 2Q18 from RM83.1 million in 2Q17.

This brings 1H18 earnings to RM214.5 million, 37.1% higher than RM156.4 million in 1H17.

Revenue for the quarter came in at RM958.4 million, an increase of 12.6% from RM851.5 million a year ago.

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