High latex prices still hurting glove makers


PETALING JAYA: Top Glove Corp Bhd's earnings plunge on the back of higher latex prices, and the weaker US dollar reported on Wednesday will mean that the troubles plaguing the glove makers will be around for some time to come.

The world's largest glove maker saw net profit fall by 44.71% to RM36.05mil on revenue that was only marginally higher at RM491.50mil.

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