Top Glove returns to black in 1QFY25, optimistic on growth

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KUALA LUMPUR: Top Glove Corp Bhd, which returned to profitability in the first quarter of its financial year (1QFY25), remains optimistic about its outlook, with orders continuing to flow in as the glove industry steadily recovers.

Top Glove Corp Bhd managing director Lim Cheong Guan.

Additionally, Top Glove is well-positioned to benefit from trade diversions resulting from U.S.tariffs on China-produced gloves, creating new opportunities in key markets.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaChinaThailandVietnam

Topics: ASP Glove US dollar Ringgit Tariffs /Business/Business News Corporate News Top Glove

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-20 @ 13:54:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 475 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 24565603

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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