Top Glove Corporation Bhd reported stronger-than-expected quarterly earnings, driven by recovering demand and improved operational efficiency, causing its shares to surge.
Top Glove Corporation Bhd, the world's largest glove manufacturer, announced its second-quarter results for the period ended December 31, 2025, on Friday, reporting a net profit of RM120 million, significantly exceeding market expectations. This marks a notable recovery for the company after a challenging period. Revenue also increased by 15% to RM1.25 billion. The company attributed the strong performance to recovering global healthcare demand and its cost optimization initiatives. Boosted by the news, Top Glove's shares surged 8.5% to RM1.15, making it one of the best-performing blue-chip stocks of the day. Analysts anticipate Top Glove to maintain its earnings growth momentum as glove industry inventories normalize and average selling prices stabilize.
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