Top Glove says Russia-Ukraine war has minimal impact on its sales


Tan Sri Dr Lim Wee Chai

KUALA LUMPUR: The war between Russia and Ukraine has minimal impact on glovemaker Top Glove Corporation Bhd as both countries' contribution to the group's sales value was less than 5 per cent.

"Basically, the necessary mitigation measures have already been put in place, but what is more important is also to keep in close touch with our customers to ensure that we have minimal disruptions in the supply of goods that are necessary for humanitarian, medical, and other purposes," executive chairman Tan Sri Lim Wee Chai said after a virtual media and analysts’ briefing on Top Glove's results for the second quarter ended Feb 28, 2022 (Q2 FY2022).

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Top Glove , ASPs , glovemaker , labour

Next In Business News

Jinhua – a trading hub without borders
Asia bonds for diversification
Singapore’s financial sector a big winner
AI disruption fears rock markets
Up in Arms - or up the value chain?
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use
Chow Tai Fook courts the young
From the ashes of Fluff comes Big Mouth

Others Also Read