Top Glove Corp has posted earnings of RM2.38 billion ($779.8 million) for the 1QFY2021 ended November, over 10 times its earnings of RM111.4 million in the same period last year.

Quarter-on-quarter, the group’s 1Q earnings were more than double that of its earnings of RM1.29 billion in the 4QFY2020 ended August, which was seen to be the group’s best-ever quarterly performance at the time.

On a fully diluted basis, this translates to earnings per share (EPS) of 29.64 sen from EPS of 1.50 sen a year ago.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook