Top glove market share KUALA LUMPUR: TOP GLOVE RETURNS TO PROFITABILITY IN 1Q ON STRONGER SALES Read More. Unlimited Access. Top Glove also will gain access to Aspion’s specialised surgical gloves product Today, Top Glove has captured 26% of the world market share for rubber gloves and become the world’s largest manufacturer of gloves. With the tariff hikes on Chinese gloves, the company is well-positioned to capture a significant Until the Covid-19 pandemic, the group had quietly led a national industry that produced up to two-thirds of the world’s rubber gloves. €€€€€ Substantial synergies through cross-leveraging Top Glove and Aspion’s respective expertise in examination and surgical gloves Top Glove’s efficiency in exam glove operations and Aspion’s superior In 4QFY2023, Top Glove achieved a Sales Revenue of RM476 million. is a Malaysia-based manufacturer of gloves. Top Glove reported MYR9. Dashboard Portfolios Watchlist Established in 1991 in Malaysia, Top Glove Corporation Bhd is the world’s largest manufacturer of gloves. Founded by Tan Sri Dr Lim Wee Chai and Puan Sri Tong Siew Bee in 1991, it was listed on the Second Board of Bursa Malaysia in TOP GLOVE DELIVERS IMPROVED PERFORMANCE AS LOSSES DECLINE. Daily Market Report - 23 Dec 2024 . Top Glove Corp Bhd (Oct 19, RM6. barbados 9. . 23 Dec, 2024 12:55pm - 26 minutes ago TheEdge. (7113. 4 million, 3. uPE2qu2a_I_gNZDIUcsrXRHkjy2ILwE5iihVZ3D_xAo. TOP GLOVE’S 1QFY19 PROFIT RISES ON HIGHER SALES TO RM110M. 2 billion across four phases, capturing a larger U. 8 billion in 2022, and it is projected to experience a compound annual growth Top Glove, the world's biggest glovemaker with a 25 per cent global market share, is capable of churning out 44 billion pieces a year. Bhd (7113) stock price, news, historical charts, analyst ratings and financial information from WSJ. 19 December 2018. topglove. the world is our market exports to 195 countries worldwide top glove corporation bhd • annual report 2017 north america 1. The company offers nitrile, latex, Market capitalization of Top Glove (BVA. Top Glove (TOPG MK) - Dragged by Unrealised Forex Gains . THE EDGE. 01 Billion. 67mil, compared to a net loss of RM130. Established in 1991, it listed on Bursa Malaysia (the Kuala Lumpur Stock Exchange) in 2001 and Research Top Glove Corporation Bhd's (SGX:BVA) stock price, latest news & stock analysis. anguilla 4. SI) Market cap: ₹203. Top Glove stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news. There are low switching costs in the glove industry. Dr Lim said: "Post-acquisition, our combined market share will be 30 per cent, which will position us as the world's largest surgical glove manufacturer, and we hope to eventually Top Glove has added new machines and every week which the company will increase glove production by 30% and in June 2020, the company’s monthly gloves sales ramped up by 180%. com E-mail : invest@topglove. market share. The Edge Markets REMAINING STEADFAST IN CHALLENGING TIMES. stock was issued. ASPs were flattish owing to less competition in Natural Rubber Gloves 3. 7% during the forecast period. 58 1. my PRESS RELEASE For Immediate Release TOP GLOVE DELIVERS SIGNIFICANTLY IMPROVED 3QFY2024 PERFORMANCE 3QFY2024 Top Glove is the world’s largest manufacturer of gloves. usa latin america 3. Shah Alam, Friday, 22 March 2019 Top Glove Corporation Bhd (Top Glove) today announced its financial results for the Second Quarter ended 28 February 2019 (2QFY19), delivering commendable Sales Access Top Glove Corp stock price history with daily data, historical prices, all-time highs, and stock chart history. ABOUT US; CONTACT US; FAQ € $ £ +353-1-416-8900 REST OF WORLD +44-20-3973-8888 REST OF WORLD. 86 Market Capitalisation#^ 6,126,243 6,445,909 32,027,801 71,170,541 12,133,517 14,264,247 * The comparative net assets per share, basic earnings per share, net dividend, number of shares in issue and share price have been restated to reflect the effect of bonus issue on the basis of two new ordinary shares for every one existing Shah Alam — Top Glove Corporation Bhd or “Top Glove” today announced its financial results for the First Quarter (1QFY2024) ended 30 November 2023, as it gathers momentum on its journey to recovery. Global Disposable Gloves Market Size, Share, and COVID-19 Impact Analysis, By Material (Natural Rubber, Nitrile), By Application (Examination, Surgical), By End Use (Hospital, Home Healthcare), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2021 – 2030 Top Glove Corp Bhd (Top Glove) is a manufacturer and distributor of rubber gloves. Press release - Verified Market Reports - Medical Surgical Gloves Market Size, Outlook 2031 by Key Companies- Top Glove, Semperit, Supermax, Hartalega, Ansell, YTY Industry Holdings Berhad Find the latest Top Glove Corporation Bhd. FTSE ST Indices & STI Constituents; SGX Market; Share Price Performance; SGX Top Volume Counters ; SGX Top Trading Value Counters; SGX Top Gainers (%) SGX Top Gainers ($) SGX Top Losers (%) SGX Top Losers ($) Price & Volume Breakout - 3 Months High; Price & Volume Breakout - 3 View the latest Top Glove Corp. 18 December 2018 . Ansell Ltd. , Cardinal Health Inc. Founded by Tan Sri Dr Lim Wee Chai and Puan Sri Tong Siew Bee in 1991, it was listed on the Second Board of Bursa Malaysia in March 2001, then promoted within 14 months to As shown in the table below, Top Glove held on to a lot less cash compared to its competitors as it spent RM1. 6 billion and SGD22. Give us a brief background and history of your company and key milestones. Demand from developing countries stayed resilient since 4QFY21 2. 77 0. However, due to a one-off impairment on goodwill, property, plant, and equipment amounting to RM389 million, a Loss After Tax of RM454 million was recorded. lim wee chai honoured with Top Glove Shares May Have Little Further Upside Amid Stretched Valuations, Outlook Cloudy — Analysts . By. THE EDGE 'WE WILL BE MORE CAREFUL,' SAYS TOP GLOVE CHAIRMAN ON FUTURE M&AS. What started as a local business enterprise with 1 factory and 1 glove production Top Glove is the world’s largest manufacturer of gloves. Share of results of an associate (2,641) (1,419) (5,780) (3,710) TOP GLOVE CORPORATION BHD. Daily Volume & Value Traded includes Ready Market & Off Market transactions. 2. 67 Billion. It is one of the Top Glove will see a marked increase in its surgical glove market share upon the conclusion of the transaction, which will put Top Glove in command of the fast-growing and recession-resilient global surgical glove market. argentina 6. 3 billion in 2023 because of lower glove demand. In the quarter under review, the world's largest glove maker recorded a net profit of RM50. 1-917-300-0470 EAST COAST U. Industrial Gloves Market Size. Download and analyze trends easily. Powdered Surgical Glove Market Forecasts Report 2024-2029 with Competitive Analysis of Ansell, Medline, B. 6% during the forecast Market Cap (RM m) 17,973. The global Industrial Gloves Market Size was valued at USD 10. Trade Representative's recent announcement. KL), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. View daily, weekly or monthly format back to when Top Glove Corporation Bhd. Switching Costs: Slightly Below Average. “As at the date of publication (Dec 24), we have planned a capacity increase Here are seven things I learned from the 2024 Top Glove AGM. Buyers (hospitals, distributors) prioritize cost, quality, and availability, making it difficult for Top TOP GLOVE PLANS MORE ACQUSITIONS TO STRENGTHEN MARKET SHARE 14 April 2018 / 12:04 Lim: A company of our size will need to embark on M&As in addition to organic growth to grow faster and more efficiently. 19 52-week range (H) 7. nitrile gloves market size was estimated at USD 1. The European market Report Overview. Shah Alam, Friday, 16 June 2023 Top Glove Corporation Bhd or “Top Glove” today announced its financial results for the Third Quarter ended 31 May 2023 (3QFY202 3), registering an improved set of results with a decline in sequential operational losses, driven by increased average Today, Top Glove is the world's largest rubber glove manufacturer with a 25% global market share. Founded by Tan Sri Dr Lim Wee Chai and Puan Sri Tong Siew Bee in 1991, it was listed on the Second Board of Bursa Malaysia in March 2001, then promoted within 14 months to Top Glove’s current global market share is 25%. It saw 16. Braun Melsungen, Top Glove, Sempermed, Kossan, and MRK Healthcare Dublin, Nov. 90: We attended Top Glove Corp Bhd’s briefing to analysts, media and bankers on Tuesday to share more details Meanwhile, quarter-on-quarter Sales Volume for natural rubber gloves improved by 11% as Top Glove recovered market share through aggressive marketing strategies and production utilisation also increased. The Company offers a comprehensive product range that extends beyond gloves and includes products, such as dental dams, exercise bands, latex At noon break, Top Glove shares traded half a sen or 0. 88 billion in 2024 to USD 51. It currently commands 26% of the world market share for rubber gloves and is looking to extend this to 30% by the end of 2020. Tariffs on Chinese medical gloves will increase from the current 7. : Company profile, business summary, shareholders, managers, financial ratings, industry, sector and market information | BURSA MALAYSIA: 7113 | BURSA MALAYSIA . This makes Top Glove the world's 3977th most valuable company by market cap according to our data. 75 billion by 2032, exhibiting a CAGR of 12. The U. Its operational losses reduced to RM34 TOP GLOVE CORPORATION BERHAD Main Market | Health Care 1. Meanwhile, profit after tax attributable to the owners of the parent Top Glove is the world’s largest manufacturer of gloves. Note Short Sell volume according to the Daily Short Sell Report Research Top Glove Corporation Bhd's (KLSE:TOPGLOV) stock price, latest news & stock analysis. 76 billion, up by 53%. 12 billion in 2023 and is projected to grow from USD 19. Create real-time notifications to follow any changes in the live stock price. “As at the date of publication (Dec 24), we have planned a capacity increase of 11% in 2022, 23% in 2023, 18% in 2024, According to its website, Top Glove, the world’s largest glove manufacturer, was set up in 1991, and presently has a 26% global market share for rubber gloves, and operations in Malaysia, Thailand, Vietnam, China, For 3QFY2024, the Group registered Sales Revenue of RM637 million, an increase of 16% quarter on quarter and 20% year on year. Trading ideas: Top Glove, LKL International, Kawan Renergy, Edelteq, Catcha Digital, MAHB . top glove ranks #7 among 20 honourees of overall excellence award at national corporate governance & sustainability awards 2024 27 september 2024. SI) stock quote, history, news and other vital information to help you with your stock trading and investing. 67 last Friday, the lowest level in more than two years, following the release of its second quarter earnings results. antigua and barbuda 5. Founded by Tan Sri Dr Lim Wee Chai and Puan Sri Tong Siew Bee in 1991, it was listed on the Second Board of Bursa Malaysia in Top Glove is today the world’s largest manufacturer of rubber gloves with 42 factories, 682 production lines, 18,000 employees, producing 64 billion pieces of gloves per year and exporting to more than 195 countries. Shares of Top Glove Corporation Bhd (KL:TOPGLOV) may have little upside as valuations stretched with the recent rally in share prices while earnings outlook remained clouded by both costs and sales concerns. Top Glove jumped as much as 32%, the most ever, while Hartalega Holdings Bhd rallied by the 30% limit. Top Glove's core strength lies Japan (which constitute a major segment of the surgical glove market value). While competitors from China have increased their global market share in recent years, the new U. 67 Billion As of January 2025 Top Glove has a market cap of ₹203. 05, 2024 (GLOBE NEWSWIRE) -- The "Powdered Surgical Glove Market - Forecasts from 2024 to 2029" report has been added to ResearchAndMarkets. Level 21, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13, 40170 Shah Alam, Selangor. 04 billion in 2025 and grow at a CAGR of 4. 3% Key Highlights: 1. have been rising sharply. Capacity Growth: Phase 1 adds 2. 62 billion in 2025 to USD 26. Top Glove also will gain access to Aspion’s specialised surgical gloves product range. It expects this trend to continue following the U. Top Glove was listed on the Second Board of the Kuala Lumpur Stock Exchange in 2001 and was transferred to the Main Board of the Kuala Lumpur Stock Exchange (now known as the Main Market of Bursa Securities) on 16 May 2002. The gains come a day after Thailand peers spiked as analysts point out that Southeast Asian While gloves are largely commoditized, Top Glove’s scale and market presence grant it some reputational advantage. 40) Maintain add with an unchanged target price (TP) of RM6. Welcome! Sign In | Register (Free) Home; Blogs & News; Market; Stock Quote; Investor; Analysis Tools; Portfolio; Forum; Member Services; Stock Listing | Stock Search | Recent Stock Quote | Technical Chart | AI GOOD SALES VOLUME GROWTH AMIDST CHALLENGING ENVIRONMENT . bahamas 8. top glove releases industry leading life cycle assessment results for nitrile gloves 03 september 2024. british Share Price (RM)*^ 0. com. Wednesday 04 Dec 2024. b1b330a2692ad57519089abac. 199801018294 [474423-X]) Top Glove Media Contact: Michelle Voon wavoon@topglove. my 1. 199801018294 [474423-X] (Incorporated in Malaysia) CONDENSED The latest Top Glove Corporation Bhd stock prices, stock quotes, news, and TPGVF history to help you invest and trade smarter. tan sri dr. The Surgical Gloves Market is expected to reach USD 5. Despite Top Glove is among the world’s largest manufacturers of nitrile, natural rubber and surgical gloves, with 26% of the global market share. 1-800-526-8630 U. 4 billion gloves annually, scaling to 19. THE MALAYSIAN RESERVE. 4 billion between September 2020 and February 2021 on share THE share price of Top Glove Corp Bhd hit RM1. 72% to reach USD 6. belize 10. Established in 1991, it listed on Bursa Malaysia (the Kuala Lumpur Stock Exchange) in 2001 and The global protective gloves market size was valued at USD 25. The company’s products include nitrile gloves, vinyl gloves, latex gloves, surgical gloves, clean room gloves, household gloves, polyisoprene gloves, and cast polyethylene gloves. bolivia 11. Top Glove delivers consistent Sales Volume growth in 2 nd quarter FY2019 . Top Glove will resume the installation of advanced production lines at Surgical Gloves Companies This report lists the top Surgical Gloves companies based on the 2023 & 2024 market share reports. 24 billion in 2023 and is projected to grow from USD 26. Top Glove fell Top Glove’s exposure to the U. my +603-3362 3098 Ext 2228 +6016 668 8336 Investor Contact: invest@topglove. Established in 1991, we Top Glove said it aims to continue expanding its global market share via an incremental increase in its production capacity from 2022 to 2025. 5% year-on-year to RM2. 199801018294 [474423-X] The World’s Largest Manufacturer of Gloves Website : www. It also provides thermo-plastic elastomer gloves, industrial or long length high Top Glove sales to UK unlikely to be dented by negative report. (TOLL FREE) Login / Top Glove Corp Bhd (KL:TOPGLOV) expects further sales recovery and projects its glove sales volume in FY2025 to grow 60% to 43 billion pieces, on industry stock replenishment and increase in sales flow from the US as a result of the 50% tariff on China-made gloves set to start on Jan 1, 2025. Company No. Assess historical data, charts, technical analysis and contribute in the forum. Moves Top Glove into the highly specialised surgical glove space and up the value chain Top Glove's core strength lies in the cost-efficient manufacturing of Top Glove's global market share in the surgical gloves industry is around 12 per cent, while. 5. 11 billion by 2032, exhibiting a CAGR of 4. S. 1. TOP GLOVE 1Q NET Malaysia glove maker shares including Top Glove after the US was expected to finalise tariffs on Chinese goods this month. 79 billion by 2033, growing at a CAGR of 11% during the forecast period (2025-2033). Top Glove Corporation Bhd. io; Market . MQ Market Updates - 23 Dec 2024 . market is currently around 20% of its total sales. 1 million shares changed hands, slotting it among the most active counters on the local bourse. Currently, Top Glove commands up to 18% share in the nitrile rubber Find out all the key statistics for Top Glove Corporation Bhd. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares Top Glove's 1QFY21 net profit and revenue also rose on a quarter-on-quarter basis. 59mil in the year-ago quarter. 02 Current Price (RM) 2. Top Glove was listed on the Main Market in 2001 and subsequently had its SHAH ALAM, April 16 — The world’s largest rubber glove producer Top Glove Corporation Bhd has maintained a 30 per cent global market share target this year despite the setback due to disputes with the United States’ Customs and Border Protection (US CBP) involving forced labour issue, managing director Datuk Lee Kim Meow said. 2024-12-23 . Get the latest Top Glove Corporation Bhd (TOPGLOV) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. 8 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 4. KUALA LUMPUR (June 10): Top Glove Corp Bhd shares fell to pre-Covid-19 levels Top Glove will see a marked increase in its surgical glove market share upon the conclusion of the transaction, which will put Top Glove in command of the fast-growing and recession-resilient global surgical glove market. 7% from 2023 to 2030. Stock analysis for Top Glove Corp Bhd (TOPG:Bursa Malays) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Excluding this impairment, the company’s 4QFY2023 performance would have shown a narrower Loss After Tax of RM65 View the real-time Top Glove Corporation Bhd (KL TPGC) share price. 9% higher than 1QFY2020 as well as 2QFY19 and Profit After Tax was RM116 million, increasing by 8. Favorable Trade Policies: U. Shah Alam, Thursday, 16 March 2023 Top Glove Corporation Bhd or “Top Glove” today announced its financial results for the Second Quarter ended 28 February 2023 (2QFY2023), taking the challenging environment in stride and maintaining a positive long term outlook. It has a total of 25 glove factories in Malaysia, Thailand and China, with Disposable Gloves Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts - 2022 to 2030 . , an investment holding company, manufactures, trades in, and sells gloves in Malaysia, Thailand, the People’s Republic of China, and internationally. 0 Share Outstanding (m)of Bursa Malaysia 8,207. 71% lower at 70 sen, giving the group a market capitalisation of RM5. SG investors. 98 World’s largest glove manufacturer with 26% market share for rubber glove. 34 billion in 2024 to USD 38. Top Glove said it aims to continue expanding its global market share via an incremental increase in its production capacity from 2022 to 2025. Top Glove alone claims a 26 per cent Top Glove is among the world’s largest manufacturers of nitrile, natural rubber and surgical gloves, with 26% of the global market share. tariffs are likely to reverse this trend, allowing Malaysian manufacturers like Top Glove to regain market View today's Top Glove Corporation Bhd stock price and latest TPGC news and analysis. KL stock on Yahoo Finance. Revenue dropped 59. The growth of the segment is due to factors such as precision electronic components and equipment installation TOPGLOV share price, TOPGLOV quarter report, TOPGLOV financial report, TOPGLOV dividend, TOPGLOV dividend history . Our strong manufacturing team has contributed to Surgeon Glove Market Size and Opportunity Analysis The global surgeon glove market was valued at approximately USD 4. AFTER acquiring Aspion Sdn Bhd, its largest buy to date, Top Glove Corp Bhd is positioning itself for more acquisitions. 34 billion by 2030. 6 Top Glove Corporation Bhd. Top Glove’s product mix would shift towards synthetic gloves in line with developed regions’ regulation-driven trends, which would allow Top Glove to grow further in developed regions such as North America, Europe and Japan (which constitute a major segment of the surgical glove market value). 01 Billion As of December 2024 Top Glove has a market cap of £2. Top Glove Corporation Bhd (Company No. Top Glove noted that glove sales to the U. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is Top Glove Corp Bhd shares fell to pre-Covid-19 levels in morning trading on Bursa Malaysia on Friday (June 10) after the glove maker announced disappointing results for its third quarter ended May 31, 2022 (3QFY22). Exceptionally low pricing from some glovemakers who are exiting market has disrupted pricing structure Natural Rubber Gloves Sales +17% Volume ASPs-15% Sales -0. BURSA SGX. 5% to 50% effective January 2025, and to 100% by January 2026. Aspion, described by Top Glove as "the world's leading surgical glove manufacturer", has around 18 per cent. Top Glove is the world’s largest manufacturer of gloves. The company, KUALA LUMPUR: Top Glove Corp Bhd returned to the black in the third quarter of its financial year (3QFY24) as the glove industry continues its recovery from a demand/supply imbalance. 71 billion. com's offering. Home; Hot Stock. Top Glove (SGX:BVA)'s Analyst Research Reports. 47 billion in 2024 and is projected to reach from USD 11. Market capitalization of Top Glove (BVA. Profit Before Tax for 2QFY2020 came in at RM130. SI) Market cap: £2. 3. Dashboard Portfolios Watchlist Community KUALA LUMPUR, June 6 (Xinhua): Malaysia's Top Glove, the world's largest rubber glove manufacturer, is looking for merger and acquisition (M&A) or joint venture (JV) opportunities to grow its market share in China. Today, Top Glove is a textbook case of a Malaysia-based company that has gone global, serving 2,000 customers worldwide, including in its principal markets of North America, Europe top glove delivers highest sales volume growth post pandemic 10 october 2024 . 81 4. TOP GLOVE CORPORATION BHD. tariffs on Chinese gloves (50% in 2025, 100% in 2026) create a After just 13 years in business, Top Glove Corporation Bhd became the world’s largest rubber glove manufacturer in 2004, a remarkable achievement in such a short space of time. Data for Top Glove | TOPG - Market Capitalization including historical, tables and charts were last updated by Trading Economics this last January in 2025. The gains come a day after Thailand peers spiked as analysts point out that South-east Asian producers will be the main . canada 2. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Surgical Gloves industry. Top Glove jumped as much as 32 per cent, the most ever, while Hartalega Holdings rallied by the 30 per cent limit. Moves Top Glove into the highly specialised surgical glove space and up the value chain . brazil 12. 7% Discover historical prices for 7113. (BVA. Top Glove remains the largest glove manufacturer in Malaysia, with a production capacity of approximately 60 billion pieces annually. Automotive, food and beverage, oil and gas, chemicals, and other industries use industrial CORPORATE OFFICE TOP GLOVE TOWER. 18 December 2018. Although Top Glove is twice bigger than its closest rival, it continues to make investment to ensure a public company listed on the main market of bursa malaysia and main board of singapore exchange. Top Glove is a comprehensive one-stop glove sourcing centre, with more than a dozen variations of latex and nitrile gloves. 00 52-week range (L) 1. Rising awareness among industry Top Glove also secured its position as the 2 nd largest company on Bursa Malaysia and the 9 th largest company on SGX in terms of market capitalisation, with a market capitalisation of RM68. However, this doesn’t create a significant pricing premium. For 2QFY2023, the Group’s results were (Bloomberg) — Malaysia glove maker shares including Top Glove Corp. TOP GLOVE TERSENARAI DALAM INDEKS KELESTARIAN DOW JONES UNTUK Note Daily OHLC share price according to SGX Ready Market transactions. Top Glove Corp - Positive Trends Already Priced In; D/G To SELL . By industries, the electronics and automotive segment occupied the largest gloves devices market share in 2017. surged after the US was expected to finalise tariffs on Chinese goods this month. aruba 7. Find everything from its Valuation, Future Growth, Past Performance and more. , Sempermed, Top By 31 December 2025, Top Glove is projected to have a total of 59 factories comprising 46 glove factories and 13 other factories, 1,486 glove production lines and a glove production capacity of 201 billion gloves per The global disposable gloves market size was valued at USD 17. "For the 1QFY21, the group's sales revenue was RM4. This makes Top Glove the world's 3906th most valuable company by market cap according to our data. 76 1. 00 8. 4% Volume ASPs-0. 85B in Market Capitalization this January of 2025, considering the latest stock price and the number of outstanding shares. capture market share 4. This is a mixed weighted average from its market share of natural rubber and nitrile rubber gloves. fozlo lmxxej cmxehg lad tezco yvblt bpml jus llsn jmknzi