The Business Times

Companies & Markets

The Business Times
Subscribe
View more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Companies & Markets

SUBSCRIBERS

Top Glove’s Q4 loss widens to RM463.1 million due to impairment

Megan CheahMichelle Zhu

Megan Cheah,

Michelle Zhu

Published Fri, Oct 6, 2023 · 02:22 PM
Share this article.

TOP Glove posted a net loss of RM463.1 million (S$134.2 million) for the fourth quarter ended Aug 31, widening from its RM63 million net loss the previous year.

The glove manufacturer was hit by lower revenue and a RM388.5 million impairment over the quarter.

This translated to a loss per share of 5.78 sen, compared with the previous year’s loss of 0.79 sen per share.

KEYWORDS IN THIS ARTICLE

Financial results
Gloves
Manufacturing
READ MORE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

newspaper iconPurchase this articleshopping cart icon

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here