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$Top Glove(BVA.SG$
Top Glove will report 3QFY2024 results on 19/6.
Top Glove expects to return to the black by FY2025, as Malaysian glove-makers continue to close the price gap with competitors in Thailand and China.
Thai and Chinese glove makers were increasing their glove prices. This has resulted in an overall increase in the average selling prices (ASPs) of the products.
This, in turn, has allowed Top Glove to raise its own prices.
Top Glove trims Q2 loss to RM51.2 million, aims to return to profit in 2 quarters
Top Glove will report 3QFY2024 results on 19/6.
Top Glove expects to return to the black by FY2025, as Malaysian glove-makers continue to close the price gap with competitors in Thailand and China.
Thai and Chinese glove makers were increasing their glove prices. This has resulted in an overall increase in the average selling prices (ASPs) of the products.
This, in turn, has allowed Top Glove to raise its own prices.
Top Glove trims Q2 loss to RM51.2 million, aims to return to profit in 2 quarters