Top Glove swings into the black with RM38.6 million Q4 net profit
Company declares 0.48 sen final dividend; attributes improved performance to stronger demand
Malaysian glove-maker Top Glove on Thursday (Oct 9) posted a net profit of RM38.6 million (S$11.8 million) for its fourth quarter ended August, a turnaround from its net loss of RM6.6 million in the year-ago period.
Its earnings per share (EPS) for the quarter stood at 0.48 sen, compared to a loss per share of 0.08 sen previously.
The company attributed its improved performance to stronger glove demand, which continued to gain momentum throughout FY2025.
“Enhanced cost management also enabled more competitive pricing, lifting sales volume, which in turn boosted utlisation rate to approximately 75 per cent of running capacity in August 2025,” it said.
Revenue for Q4 climbed to RM889.6 million from RM833.7 million in the same quarter the year before.
The board recommended a final dividend of 0.48 sen per ordinary share, payable on Dec 15. This brings the company’s total payout for the financial year ended Aug 31 to RM38.5 million.
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Top Glove aims to reinforce its global presence by increasing its US market share “significantly” by FY2026. It said it remains optimistic on the long-term prospects of the glove industry, underpinned by its essential role across healthcare, industrial and food and beverage sectors.
In Singapore, the counter closed Wednesday at S$0.181, up S$0.003 or 1.7 per cent.
