Top Glove sees better year


From: executive Director Lim Hooi Sin, Lee, Wee Chai and Cheong Guan.

SHAH ALAM: Top Glove Corp Bhd, the world’s largest rubber glove maker, is expecting its financial year 2015 ending Aug 31 (FY15) to be a better year compared with FY14, which was deemed “tough” for the company.

Chairman Tan Sri Lim Wee Chai said that while the current operating environment was still competitive, as reflected in its first quarter FY15 results to end-November 2014, the company was a net beneficiary of the strong US dollar and falling raw material prices.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Top Glove , rubber , US Dollar

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read