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Top Glove reports 4.4% higher 1Q earnings of $36 mil on strong global demand

PC Lee
PC Lee12/17/2018 07:13 PM GMT+08  • 3 min read
Top Glove reports 4.4% higher 1Q earnings of $36 mil on strong global demand
SINGAPORE (Dec 17): Top Glove Corporation, the Malaysian glove maker which has admitted breaching labour laws after some migrants were found working illegal overtime, reported a 4.4% increase in 1Q19 earnings ended Nov to RM110 million ($36.2 million) fro
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SINGAPORE (Dec 17): Top Glove Corporation, the Malaysian glove maker which has admitted breaching labour laws after some migrants were found working illegal overtime, reported a 4.4% increase in 1Q19 earnings ended Nov to RM110 million ($36.2 million) from RM106 million a year ago.


See: Malaysian authorities to take action against Top Glove over migrants' illegal overtime

Total revenue for 1Q19 came in at a quarterly record of RM1.26 billion, representing an increase of 34.5% compared with 1Q18.

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