Top Glove Corporation Bhd anticipates a significant increase in earnings for the 2026 financial year. Executive chairman Tan Sri Dr Lim Wee Chai attributed this positive outlook to a consistent ten percent annual growth in global demand for gloves. Furthermore, current supply chain limitations have contributed to an upward trend in average selling prices. Lim explained that the market is currently experiencing a scenario where demand exceeds supply, which supports higher profitability for the company. These favorable market dynamics are expected to bolster the firm's financial performance as it navigates the upcoming fiscal period. The comments were made during a book launch event held at the University of Cyberjaya.
Source : Malay Mail
Photo : Malay Mail
