Top Glove Corp Bhd managing director Lim Cheong Guan.
PETALING JAYA: Top Glove Corp Bhd
is confident it will return to the black in financial year 2025 (FY25) on the back of strong glove demand, better pricing, higher utilisation and reopening of closed factories as well as establishment of new factories.
According to managing director Lim Cheong Guan, the company is expected to benefit from the pause in new supply from China glove manufacturers for the next one to two years due to the impending tariff hikes imposed by the United States on medical glove imports from China.
