Top Glove announced better-than-expected fourth-quarter results, with a net profit of RM120 million, significantly surpassing analyst forecasts. Following this positive news, the company's share price surged by 8.5% today.
On February 5, 2026, Top Glove Corporation Bhd, the world's largest glove manufacturer, announced its financial results for the fourth quarter ended December 31, 2025, significantly exceeding market expectations. The company reported a net profit of RM120 million, well above the consensus analyst forecast of RM80 million. Revenue also reached RM1.55 billion, attributed to a rebound in glove demand and improved production efficiency. Boosted by this positive news, Top Glove's share price surged over 10% in early trading, eventually closing up 8.5% at RM1.40. Company management stated that despite fluctuating raw material costs, profitability has significantly improved through cost control and automation upgrades. Analysts have generally upgraded their ratings and target prices for Top Glove, anticipating a continued moderate recovery for the glove industry in 2026.
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