Top Glove says long-term prospects remain positive

"We believe that the glove industry will recover in due course as its fundamentals remain robust and unchanged,” said MD Lim.

KUALA LUMPUR: Top Glove Corp Bhd continues to take a long-term view of industry prospects, which it says remains promising despite the ongoing oversupply situation that has weighed heavily on the earnings of glove manufacturers.

"We are under no illusion and remain mindful that the market will continue to equilibrate in the near term.