Top Glove Reports 325% Profit Surge: Glove Industry Giant Signals Strong Recovery.
For the first quarter ended 30 November 2024, Top Glove reported a profit after tax of RM17 million, marking a 325% increase compared to the previous quarter. The revenue for this period was RM886 million, an 80% increase year-on-year. This performance is attributed to robust order inflows and increased sales volume, particularly from U.S. markets in anticipation of tariffs on Chinese imports