Top Glove predicts 3% hit on FY21 sales due to production halt

KUALA LUMPUR: Top Glove Corp Bhd said that some deliveries from facilities in Klang, Selangor affected by the temporary closure would be delayed by two to four weeks and forecast a 3% hit of its current year annual sales.

The company's 28 facilities in Meru, representing 50% of the the company;'s total production capacity, are affected by the two weeks enhance movement control order (EMCO) that started on Nov 17.