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.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 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

Oppstar Technology, Alphaswift Industries gain access to Arm Technology
Ringgit opens higher against major currencies, eases vs US$
FBM KLCI little changed as traders stay defensive
Japan's core inflation accelerates in July, bolsters case for rate hike
Trading ideas: Dnex, YTL Power, Mah Sing, IJM, Hua Yang, TXCD, TM, Kossan, Genting, MPI, Kelington, YTL
YTL Corp’s revenue rises
Dialog net profit doubles
Zetrix AI launches RideNow motorcycle marketplace
TSH earnings recovery hinges on CPO price upside
Perak Transit targets 10% to 15% cost savings through digitalisation, AI

Others Also Read