Top Glove unfazed by latex price and ringgit


  • Business
  • Thursday, 13 Apr 2006

KUALA LUMPUR: Top Glove Corp Bhd is not deterred by the recent increase in latex prices and the strengthening of the ringgit. Instead, it is expanding production capacity and its market base to generate a healthy rise in earnings. 

The company is targeting to achieve net profit of RM81mil on revenue of RM900mil, and an earnings per share (EPS) of 43 sen for its financial year ending Aug 31, despite having to face numerous challenges. 

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