Top Glove founder and executive chairman Tan Sri Dr Lim Wee Chai briefing Human Resources Minister M. Kulasegaran (right) and Klang MP Charles Santiago at the factory in Klang, Selangor, on Dec 10, 2018, following allegations of its mistreatment of migration workers. (Filepic)
SHAH ALAM: The world's largest glove producer Top Glove Corp Bhd
is aiming for a double-digit increase in sales revenue and profit from China in the financial year ending Aug 31, 2019.
Executive director Tan Sri Dr Lim Wee Chai said demand for nitrile and rubber gloves in China had been good due to the growing standard of living, high purchasing power and increased life expectancy.
"Demand for medical gloves or disposal gloves are definitely increasing. The usage is still very low compared to that of advanced countries like Japan, the United States and Europe," he told reporters after a briefing on the company's second quarter financial performance ended Feb 28, 2019, here today.
The group currently has 40 factories, of which, 35 are located in Malaysia, four in Thailand and another in China. - Bernama
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