Top Glove Corp Bhd, the world's largest glove manufacturer, announced a significant surge in its fourth-quarter net profit, exceeding market expectations. Company management expressed optimism regarding future demand and profitability, leading to a rise in its share price.
Top Glove Corp Bhd, the world's largest glove manufacturer, today announced its financial results for the fourth quarter ended November 30, 2025, reporting a net profit of RM125 million, significantly higher than RM25 million in the same period last year, and exceeding market expectations. Revenue increased by 15% year-on-year to RM850 million, primarily driven by a resurgence in glove demand and improved production efficiency. Company management stated that the glove industry is gradually recovering with increasing global healthcare spending and normalizing inventory levels. Top Glove anticipates maintaining its earnings growth momentum in the coming quarters and plans to further expand production capacity to meet market demand. Following the announcement, Top Glove's share price rose 3.5% to RM1.20.
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