Top Glove posts best quarterly revenue


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KUALA LUMPUR: Top Glove Corp Bhd reported its best ever quarterly revenue, but earnings growth was muted due to the high cost of buying surgical glove Aspion Sdn Bhd and aggressive factory expansion.

Net profit in the first quarter ended Nov 30 rose 4% to RM110mil, as sales soared to RM1.26bil. Total volume sold increased 19%, the company said in a statement yesterday.

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