The group saw a sales revenue of RM493.5 million for this quarter, 22.0% lower y-o-y but up by 4% q-o-q.
Top Glove Corporation has reported a narrower loss after tax of RM57.7 million ($16.4 million) for the 1QFY2024 ended Nov 30, 2023, compared to the loss of RM168.2 million for the quarter before.
The group’s loss after tax stood at RM47.2 million, which is also a fraction of its loss after tax of RM157.6 million in the corresponding quarter in the year before. In the 4QFY2023, Top Glove had to pay off a RM392 million impairment as well.
