PETALING JAYA: Top Glove Corp Bhd
’s recovery remains fragile and the glove maker is expected to register sequentially flattish results in the second quarter of its financial year ending Aug 31, 2026 (2Q26) as unfavourable foreign exchange (forex) headwinds will offset favourable operating leverage and lower natural gas prices.
Hong Leong Investment Bank Research (HLIB Research) said the group’s 1Q26 core profit after tax and minority interests (Patmi) of RM39mil came in within its expectations, but above consensus full-year forecasts.
