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Top Glove Logs Rise in Fiscal Q3 Profit

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Top Glove (SGX:BVA, KLSE:TOPGLOV) recorded a rise in attributable profit in the third fiscal quarter ended May 31 to 81 million ringgit from 34.7 million ringgit a year prior, according to a Thursday Malaysia bourse filing.

Earnings per share were 0.0101 ringgit in the three months, up from 0.0043 ringgit in the corresponding period of the previous fiscal year.

Revenue climbed to 1.1 billion ringgit from 830.3 million ringgit in the year-ago period.

For the nine months ended May 31, attributable profit jumped to 150.3 million ringgit, while revenue increased 15% to 2.98 billion ringgit.

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