Leading rubber glove manufacturer Top Glove Corporation Bhd announced massive profits in the first quarter of its financial year as its earnings surged by 20 times from a year ago and even doubled against the preceding quarter.
In a statement today, the world’s largest glovemaker said that it ended the first quarter of its financial year with a net profit of RM2.4 billion and was able to reward shareholders with a dividend of 16.5 sen a share.