PETALING JAYA: Short-term headwinds still persist for Top Glove Corp Bhd, according to analysts who are not too upbeat about the company’s recent third quarter financial year 2017 (FY17) results that came in below market expectations.
Risks for the company, going forward, include lower average selling prices (ASP) amid stiff competition, rise in nitrile and latex prices and stronger ringgit against the US dollar.
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