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Malaysian rubber glove giant reports higher earnings

Source: Xinhua

Editor: huaxia

2025-12-17 21:02:45

KUALA LUMPUR, Dec. 17 (Xinhua) -- Malaysia-based Top Glove, a leading global rubber glove maker, has reported higher earnings amid higher sales volume in the quarter ended Nov. 30, 2025.

The firm said in a bourse filing on Wednesday that its net profit jumped more than sevenfold to 38.58 million ringgit (about 9.44 million U.S. dollars) during the quarter, driven by robust sales volume growth across key markets.

However, due to lower average selling prices, the firm's revenue slipped 0.26 percent year-on-year to 883.58 million ringgit.

Looking ahead, prospects for the glove industry remain promising as gloves continue to be an essential item across healthcare and multiple other sectors, the firm said in a statement.

The group expects glove demand to continue growing across key geographies, supported by steady replenishment cycles and new opportunities.