KUALA LUMPUR: Top Glove Corp today posted a more than 20-fold jump in first-quarter net profit bolstered by continued high demand for gloves, operational efficiencies and higher selling prices.
Net profit for the September-November period grew 2,030% to RM2.38 billion from RM111.4 million a year ago, the world’s largest glove manufacturer said in a filing to Bursa Malaysia.
It said revenue rose 294% to RM4.76 billion