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SHAH ALAM: Top Glove Corp Bhd expects its production of nitrile gloves to grow rapidly, with volume firmly surpassing that of low-margin latex gloves by the end of the year.
THE “Beyond Badminton” corporate social responsibility (CSR) initiative by Top Glove Corporation Bhd has been extended for another year to challenge and reward its employees to stay active and healthy through badminton training.
KUALA LUMPUR: Top Glove Corp Bhd, which saw its first quarter performance boosted by its nitrile gloves segment, expects the segment’s strong performance to continue over the upcoming quarters.
KUALA LUMPUR: Top Glove Corp Bhd's net profit in the first quarter of its 2020 financial year ended Nov 30, 2019, was 1.25% higher year-on-year (y-o-y) at RM111.43mil, mainly owing to the strong performance of its nitrile gloves segment.
After having successfully penetrated the European market for its flagship biodegradable gloves, the world’s largest glove maker will now set its foot in the world’s economic powerhouse – the US – by the middle of next year.
PETALING JAYA: The rubber glove sector will see a better performance next year as the demand and supply situation in the market is starting to see a balance.
ALL work and no play makes Jack a dull boy. A company that has fun together and works hard together always stays together.
SHAH ALAM: Top Glove Corp Bhd has described the US ban on the import of rubber gloves from one Malaysian company over forced labour allegations as a wake up call for local businesses.
SHAH ALAM: Top Glove Corp Bhd will allocate about RM600mil as capital expediture (capex) for the financial year ending Aug 31, 2020 (FY20) compared with RM632.17 million capex set for FY19.
PETALING JAYA: Top Glove Corp Bhd posted a decline in net profit for the financial year ended Aug 31,2019 (FY19), owing to a sharp increase in natural rubber latex prices and despite an improvement in sales revenue.