Top Glove released its latest quarterly earnings, reporting a narrowed loss of RM50 million, better than expected, which boosted its share price by 3.5%. The market is optimistic about its recovery prospects.
KUALA LUMPUR, February 5, 2026 – Top Glove, the world's largest glove manufacturer, today announced its latest quarterly results for the period ended November 30, 2025. The company reported a narrowed net loss of RM50 million, significantly better than market consensus estimates of RM80 million to RM100 million in losses. This positive news propelled the company's share price on Bursa Malaysia up by 3.5% to RM0.90. Although the company remains in a loss-making position, the significant reduction in losses indicates that its cost control measures and improved capacity utilization are yielding results. Management stated that with the gradual recovery of global glove demand and stabilization of average selling prices (ASPs), the company is well-positioned to return to profitability in the coming quarters. Analysts view this as a crucial milestone in Top Glove's recovery journey.
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