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THE world’s largest manufacturer of rubber gloves Top Glove Corp Bhd has set itself a lofty goal – to become a Fortune Global 500 company by 2040.
PETALING JAYA: The Malaysian Rubber Glove Manufacturers Association (Margma) says its members are all geared up to produce more gloves to meet the requirements if the coronavirus outbreak becomes a pandemic.
KUALA LUMPUR: Malaysian Rating Corp Bhd (MARC) has assigned a rating of AA-IS to Top Glove Corp Bhd unit TG Excellence Bhd’s proposed RM3bil perpetual sukuk wakalah programme.
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 year 2019 saw a lot of uncertainty for equities.Investors were kept on tenterhooks by the trade war, Brexit, a slowing global economy and weak corporate earnings.
PETALING JAYA: Bursa Malaysia emerged as Asia's best performer yesterday with the FBM KLCI staging the strongest intra-day surge since Oct 2018.
PETALING JAYA: Rising market competition to exert pressure on Top Glove.
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.