KUALA LUMPUR: Top Glove Corporation Bhd
posted net profit of RM195.85mil in the financial year ended Aug 31, 2013 from RM202.27mil a year ago due to unrealised forex losses incurred on the fair value of its US Dollar denominated foreign exchange contracts.
It announced on Friday its revenue was almost flat at RM2.313bil compared with RM2.314bil due to a lower average selling price on the back of declining raw material costs.
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