Top Glove Corporation Bhd announced stronger-than-expected quarterly results, posting a net profit of RM55 million, which sent its shares surging 8% on Friday. The market is optimistic about its recovery prospects.
Top Glove Corporation Bhd, the world's largest glove manufacturer, announced encouraging latest quarterly results, posting a net profit of RM55 million for the quarter ended December 31, 2025, significantly exceeding market expectations. This positive news sent the company's shares surging 8.15% on Friday to close at RM1.06. The company attributed its improved performance to higher sales volume, more efficient operations, and stabilizing raw material costs. Analysts are optimistic about Top Glove's recovery prospects, anticipating sustained profitability as global healthcare demand continues to grow. The results also provided a boost to the overall healthcare sector sentiment.
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