Top Glove sees better year


From: executive Director Lim Hooi Sin, Lee, Wee Chai and Cheong Guan.

SHAH ALAM: Top Glove Corp Bhd, the world’s largest rubber glove maker, is expecting its financial year 2015 ending Aug 31 (FY15) to be a better year compared with FY14, which was deemed “tough” for the company.

Chairman Tan Sri Lim Wee Chai said that while the current operating environment was still competitive, as reflected in its first quarter FY15 results to end-November 2014, the company was a net beneficiary of the strong US dollar and falling raw material prices.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , Top Glove , rubber , US Dollar

Next In Business News

TFP Solutions unit partners ACO in development of AI wellness medical card programme
FBM KLCI picks up at midday after tech rout
Bursa Malaysia suspends short-selling of XL Holdings
OCBC Malaysia bags top sustainable finance accolades
Surging AI demand fuels Asian tech export boom, Malaysia's growth - S&P Global
Ringgit eases slightly on expectations of higher US rates
Malaysia's onshore FX market remains healthy, daily turnover rises to US$21.3bil
South Korean shares surge 4.1% as chip stocks recover
FBM KLCI makes cautious rebound after global tech sell-off
Some BOJ board members called for further rate hikes, summary shows

Others Also Read