Analyst Research Report Snapshot


Top Glove Corporation Berhad






07 Jul 2015





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Top Glove Corporation (Top Glove) is engaged in the manufacture and trade of rubber gloves. The group manufactures and exports latex, nitrile, vinyl, surgical, household, industrial and polyethylene gloves. Top Glove also offers management services. The group operates in Malaysia, Germany, Thailand, China and the US. It is headquartered in Klang, Malaysia and employs around 10,000 people. The group recorded revenues of MYR2,275.4 million (approximately $704.5 million) in the fiscal year ended August 2014, a decrease of 1.6% compared to 2013. The group's operating profit was MYR220.5 million (approximately $68.3 million) in fiscal 2014, a decrease of 9.2% compared to 2013. Its net profit was MYR180.5 million (approximately $55.9 million) in fiscal 2014, a decrease of 8.1% compared to 2013.

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