Top Glove

SINGAPORE (June 18): Top Glove, the largest glove manufacturer in the world, recorded earnings of RM73.7 million ($24.2 million) for the 3Q19 ended May, some 36.5% lower than RM117.6 million a year ago.

SINGAPORE (June 6): Top Glove Corporation has launched its flagship ‘green’ product, an environmentally-friendly variant of disposable nitrile gloves designed to biodegrade in anaerobic environments (i.e. where there is little to no breathable oxygen)

SINGAPORE (Mar 22): Top Glove has reported RM105.8 million ($35.16 million) in earnings for the 2Q ended Feb, representing a 2.9% y-o-y decline from its 2Q18 earnings of RM109 million due to higher finance costs and taxes, as well as lower associate contr

(Dec 11): Malaysia said on Monday it would take action against Top Glove Corp. Bhd, the world’s top medical glovemaker, which admitted breaching labour laws after a Thomson Reuters Foundation expose found some migrants working illegal overtime.

SINGAPORE (June 22): Maybank Kim Eng is maintaining its “buy” recommendation on Top Glove, the world’s largest glove manufacturer, with a target price of RM12.90 ($4.40).

SINGAPORE (June 19): Rubber glove manufacturer Top Glove Corporation has announced a 51.4% increase in its earnings to RM117.6 million ($39.7 million) for the 3Q18 ended May, compared to RM77.7 million a year ago.

SINGAPORE (Apr 20): Top Glove is proposing to undertake a one-for-one bonus issue at an entitlement date to be determined later.

SINGAPORE (Mar 29): Top Glove is diversifying into medical-linked products related to its current customer base.

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.

SINGAPORE (Mar 8): Top Glove's position as the largest manufacturer of gloves should be safe for now after the company received unanimous consent from its shareholders to proceed with the proposed acquisition of Aspion.