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Gloves fall under Pharma ? Also rubber ??
tommorrow it will fly may be confusion is digested
tommorrow it will fly may be confusion is digested
moneynoenough ( Date: 27-Oct-2025 01:35) Posted:
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Now trade at 21.5 cent. Malaysia 7113 up 2.5cent at 70
If glove is exemption for tariff, Malaysia glove counter will fly up
If glove is exemption for tariff, Malaysia glove counter will fly up
moneynoenough ( Date: 27-Oct-2025 01:35) Posted:
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no exemption of gloves. many new american glove companies were
started in 2020 and they r all MAGA
started in 2020 and they r all MAGA
&ldquo ..The exemption is given to some of Malaysia&rsquo s key exports such as palm oil, rubber products, cocoa, aircraft components and spare parts as well as pharmaceuticals, which collectively contribute up to US$5.2bil or 12% of total exports,..&rdquo
gloves pharma..? gloves secured..?
https://www.thestar.com.my/news/nation/2025/10/26/malaysia-secures-exemptions-in-us-tariff-agreement-rate-remains-stable-at-19
gloves pharma..? gloves secured..?
https://www.thestar.com.my/news/nation/2025/10/26/malaysia-secures-exemptions-in-us-tariff-agreement-rate-remains-stable-at-19
My opinion the tariff talk between China & US in Malaysia will fail
1-11-25 Tariff will be 100% for china, so Top Glove is up or down
Buy and keep for at least 4 month, you will be awarded
1-11-25 Tariff will be 100% for china, so Top Glove is up or down
Buy and keep for at least 4 month, you will be awarded
Francisgohyc ( Date: 16-Oct-2025 14:19) Posted:
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Volume very low, hard to move up over the next few weeks or so
Francisgohyc ( Date: 15-Oct-2025 11:18) Posted:
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22 cents coming and slowly move up
In bursa Malaysia is RM$0.705 about
S$0.23.but SGXP just $0.215.
" Lucky I never listen to one member to buy at 16cents. A lot I buy around 18cent"
You didn' t buy at 16 cents but bought " a lot at around 18 cents" you said it' s ' lucky' ???
You didn' t buy at 16 cents but bought " a lot at around 18 cents" you said it' s ' lucky' ???
Francisgohyc ( Date: 13-Oct-2025 17:10) Posted:
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Let the time tell, hope you and I win big big .......big
Lucky I never listen to one member to buy at 16cents. A lot I buy around 18cent
Believe only to yourself, a lot of shortist here
Lucky I never listen to one member to buy at 16cents. A lot I buy around 18cent
Believe only to yourself, a lot of shortist here
hschsc ( Date: 13-Oct-2025 16:31) Posted:
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Now 21 cent up only 0.5cent, no surprise and too slow to move up
I expcect 2-3 cent after I saw the news China tariff 100%
Still need to wait for another 4 month for the 1st Q result 2026
I expcect 2-3 cent after I saw the news China tariff 100%
Still need to wait for another 4 month for the 1st Q result 2026
Supermax up 6.12%
Malaysia glove companies benefited from us china trade war. Dyodd.
This is good news for TG. Since Chinese gloves can' t be sold to the US, TG' s US orders will increase. Their market share will rise, and their revenue will improve. Do you think the stock price will rise? With warrants redeemable, they' ll have more cash flow and richer dividends.
Francisgohyc ( Date: 11-Oct-2025 09:54) Posted:
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Top Glove shares end flat after 7.3% surge in intra-day trade on return to full-year profitability
The group attributes its improved performance to the higher demand for gloves and its cost efficiency
[SINGAPORE] Shares of Top Glove soared on Friday (Oct 10) morning after the Malaysian glove-maker posted its first full-year profit since 2022.
By 9.03 am, the counter had risen 7.3 per cent or S$0.015 to S$0.22, with 5.6 million shares having changed hands. The last time it traded at this price was on Jul 18.
The stock later retreated to end the day flat at S$0.205, with close to 33 million shares transacted. It was one of the Singapore Exchange&rsquo s most actively traded stocks by volume on Friday.
Top Glove swung into the black with a net profit of RM38.6 million (S$11.8 million) for its fourth quarter ended Aug 31, reversing from a net loss of RM6.6 million for Q4 2024. Its Q4 revenue rose 6.7 per cent year on year to RM889.6 million, from RM833.7 million.
For the full financial year, it recorded a net profit of RM109.1 million, recovering from a net loss of RM64.9 million for FY2024. This marked a return to profitability after two consecutive years of net losses. Its full-year revenue increased by 38.8 per cent to RM3.5 billion, from RM2.5 billion in the year-ago period.
Top Glove attributed its performance to improved glove demand and cost efficiency. Its board recommended a final dividend of 0.48 sen per ordinary share, payable on Dec 15. The total payout for the financial year ended Aug 31 is RM38.5 million.
China tariff 100%, what happen next?
2026 will be a lot better when they further increase US market share and lower overall cost. TG mgtm is confident of achieving about 85% capacity utilisation. Looking at 4b revenue and at higher margin? Dyodd.
KUALA LUMPUR (Oct 9): Top Glove Corp Bhd (KL:TOPGLOV) expects its core earnings before interest, tax, depreciation and amortisation (Ebitda) margin to return to the pre-Covid level by the financial year ending Aug 31, 2027 (FY2027), supported by higher utilisation and lower cost pressures.
The world&rsquo s largest glove maker&rsquo s core Ebitda margin rose to 12% for FY2025 from 5% a year earlier as sales volume increased and production efficiency improved.
&ldquo As [sales] volume grows, we enjoy a higher utilisation as well, so overall costs can be lower," said Top Glove managing director Lim Cheong Guan at the group&rsquo s fourth FY2025 results briefing.
" Margin-wise, possible by 2027, we may reach those kinds of margin levels achieved during pre-Covid,&rdquo he said, noting that the Ebitda margin for FY2019 was three points higher than the FY2025 figure.
Executive chairman Tan Sri Lim Wee Chai said improved plant utilisation would be key to lifting profitability as the group continues to optimise costs.
&ldquo For the glove selling price, it may be difficult to increase because of external factors [such as] supply and demand, but we can improve on our costing. Our utilisation rate is still not good enough. When we run 80%, 90% of utilisation rate, our cost definitely will be much lower. That is when we increase our profit margin,&rdquo he said.
Top Glove&rsquo s utilisation rate stood at 75% in September 2025. This is an improvement from 59% at end-August 2024.
Wee Chai also said the group&rsquo s cost structure has become more competitive against Chinese manufacturers, with selling prices now nearly on par after narrowing a gap of up to US$3 (RM12.65) per 1,000 pieces over the past two years.
This has enabled the group to secure more orders amid competition from Chinese suppliers.
The group also sees opportunities to capture more sales in the US as it benefits from the higher US tariffs imposed on Chinese glove imports. North America is the largest sales market for Top Glove, contributing 26% of total sales volume in FY2025, after recording a 148% year-on-year increase.
Malaysia' s glove exports to the US are subjected to a 19% tariff, while China-made gloves face a steep 80% tariff in the US market.
First full-year profit post-pandemic
Top Glove' s net profit increased to RM109.07 million in FY2025, marking its first full-year profit since the pandemic.
The group suffered a net loss of RM64.88 million in FY2024 and a bigger loss of RM925.22 million in FY2023.
Revenue rose 39% year-on-year to RM3.49 billion in FY2025, supported by a strong 55% increase in sales volume.
Top Glove attributed the turnaround in FY2025 to robust sales volume growth, higher plant utilisation and improved pricing ability.
On Thursday, Top Glove&rsquo s share price settled nine sen or 15.52% higher at 67 sen, as investors cheered the group' s return to profitability. However, this price is only 50% of the RM1.34 closing price at the end of last year.
At 67 sen, the stock is valued at RM5.5 billion. Top Glove was the most actively traded stock on Bursa Malaysia, with a volume of 112.23 million shares, up sharply from 12.74 million on Wednesday.
Source: TheEdge - 10 Oct 2025
Top Glove swings into the black with RM38.6 million Q4 net profit returns to full-year profitability
It declares a 0.48 sen final dividend and attributes the improved performance to stronger demand
[SINGAPORE] Malaysian glove-maker Top Glove : BVA +13.26% 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 (LPS) of 0.08 sen previously.
The company attributed its improved performance to stronger glove demand, which continued to gain momentum throughout FY2025, alongside ongoing initiatives to improve cost efficiency. Favourable raw material prices helped cushion the impact of a weaker US dollar, it added.
Enhanced cost management also enabled more competitive pricing, the group said. This lifted sales volumes, which climbed 30 per cent on the year, and in turn boosted utilisation rates to about 75 per cent of running capacity in August 2025.
For Q4, its profit before tax surged nearly eight times year on year to RM47.8 million.
Revenue in the three months climbed 7 per cent to RM889.6 million, from RM833.7 million in the same quarter the year before.
For the full year, Top Glove recorded a net profit of RM109.1 million, recovering from a net loss of RM64.9 million in FY2024. This marks its return to profitability after recording net losses for the past two financial years.
It posted a full-year EPS of 1.36 sen, compared to an LPS of 0.81 sen previously.
FY2025&rsquo s profit before tax stood at RM154.4 million, versus a RM31.3 million loss before tax in FY2024.
Revenue grew 39 per cent to RM3.5 billion for the full year, from RM2.5 billion in the prior year.
Across the company&rsquo s three principal markets, the bulk of its top line came from Malaysia, which generated RM3.2 billion in revenue. The Thailand segment contributed RM558.7 million, while Vietnam brought in RM41 million in revenue.
Top Glove also recorded RM144.6 million in other revenue, as well as eliminations amounting to RM479.8 million.
Following the company&rsquo s recovery, the board recommended a final dividend of 0.48 sen per ordinary share, payable on Dec 15. This brings Top Glove&rsquo s total payout for the financial year ended Aug 31 to RM38.5 million.
It last posted a dividend in FY2022. At 1.2 sen per share, the payout that year totalled RM96.1 million.
Outlook
Top Glove aims to reinforce its global presence by increasing its US market share &ldquo significantly&rdquo 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.
Next catalyst will be re rating by analysts. More upside imo. Hold tight.
Top Glove (SGX:BVA, KLSE:TOPGLOV) reports a return to profit in fiscal Q4 with an attributable profit of 38.6 million ringgit, a significant increase from the previous year's loss, leading to a 16% surge in shares as revenue also rose to 889.6 million ringgit.