Top Glove Corporation Bhd. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was MYR 636.88 million compared to MYR 530.62 million a year ago. Net income was MYR 62.42 million compared to net loss of MYR 118.84 million a year ago. Basic earnings per share from continuing operations was MYR 0.0063 compared to basic loss per share from continuing operations of MYR 0.0163 a year ago. Diluted earnings per share from continuing operations was MYR 0.0063 compared to diluted loss per share from continuing operations of MYR 0.0163 a year ago.
For the nine months, sales was MYR 1,680.67 million compared to MYR 1,781.16 million a year ago. Net loss was MYR 23.25 million compared to MYR 428.63 million a year ago. Basic loss per share from continuing operations was MYR 0.0073 compared to MYR 0.0579 a year ago. Diluted loss per share from continuing operations was MYR 0.0073 compared to MYR 0.0579 a year ago.