Top Glove 4Q net profit slips but full year at RM7.87b

Top Glove managing director Datuk Lee Kim Meow said, “We are pleased to deliver such strong results in spite of several challenges throughout the year."

KUALA LUMPUR: Top Glove Corporation Bhd posted a historic net profit of RM7.87bil for the financial year ended Aug 31, 2021 but its fourth quarter earnings fell to RM607.94m amid the very challenging operating environment.

The world’s largest glove maker announced on Friday, FY21 net profit jumped 350% from RM1.75bil in FY20. Sales Revenue rose 127% to RM16.40bil from FY2020.