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Top Glove Corporation Bhd. (TGLVY)

Other OTC - Other OTC Delayed Price. Currency in USD
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2.2000-0.0200 (-0.90%)
At close: 03:55PM EST
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Chart Events
Neutralpattern detected
Previous Close2.2200
Bid0.0000 x 0
Ask0.0000 x 0
Day's Range2.1050 - 2.2655
52 Week Range1.8600 - 8.7500
Avg. Volume17,558
Market Cap4.425B
Beta (5Y Monthly)0.11
PE Ratio (TTM)3.31
EPS (TTM)0.6640
Earnings DateN/A
Forward Dividend & Yield0.41 (17.71%)
Ex-Dividend DateDec 22, 2021
1y Target EstN/A
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  • Reuters

    Top medical glove maker's profit slumps as pandemic becomes less intense

    KUALA LUMPUR (Reuters) -Top Glove, the world's largest medical glove maker, said its first-quarter profit was nearly wiped out and it expected the business environment in the near term to be challenging as competition intensifies amid slowing demand for its products. With the wave of new COVID-19 Omicron variant spreading globally, Top Glove said buyers were watching out for whether to stockpile gloves again. Top Glove was among the early beneficiaries of the pandemic as demand for its protective rubber gloves surged with rising infections, and its share price nearly quadrupled in 2020.

  • Reuters

    Top Glove shareholders approve $473-million Hong Kong listing plan

    Malaysian glove maker Top Glove Corp has won shareholders' approval for its plan to list in Hong Kong, saying on Wednesday it expected to complete the exercise by the first quarter of next year. In a statement, the company said an extraordinary general meeting of shareholders approved resolutions backing its dual primary listing on the Stock Exchange of Hong Kong (HKEX), adding that the next step was to seek approval from the HKEX. In October, Top Glove slashed for a second time the amount it aims to raise from the Hong Kong listing to HK$3.68 billion ($473 million), or less than a quarter of its initial target.