PETALING JAYA: Top Glove Corp Bhd
’s average selling price (ASP) is expected to jump 30% quarter-on-quarter in the second quarter of 2021, on the back of higher volumes from new capacities and product mix skewed towards higher margin nitrile gloves.
Kenanga Research in a report said Top Glove management is confident of robust demand over the next two years due to continuous acute shortage and surging Covid-19 cases in Europe and the US.
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