Kenanga Research kept its 2025 and 2026 forecasts for Top Glove unchanged.
PETALING JAYA: Top Glove Corp Bhd
is optimistic about a strong sequential rebound in its earnings recovery for the second quarter of 2025 (2Q25), says Kenanga Research.
Following a recent meeting with the research house, Top Glove said the recovery would be due to the absence of high-priced inventory, a slight increase in average prices for its products and favourable foreign exchange rates.
