Top Glove posts RM157.63 million quarterly profit, declares final dividend
FY2026 net profit nearly tripled to RM307.96 million, while annual revenue rose 21% to RM4.32 billion.
Top Glove Corporation Bhd reported net profit of RM157.63 million for 4QFY2026, up from RM34.83 million a year earlier. The quarter ended Aug 31, 2026 saw revenue reach RM1.25 billion, a year-on-year increase of 40%. The company also declared a FY2026 final dividend of 1.50 sen per share, payable on Dec 15.
For FY2026, revenue reached RM4.32 billion following a 21% increase, with volume growing close to 30%. Annual net profit was RM307.96 million, nearly triple the previous year's level.
Top Glove said global demand for gloves was growing faster than supply, enabling manufacturers to recover margins and bring idle facilities back into operation. It also said the Middle East crisis had constrained supply and helped manufacturers pass on costs.
The company identified manpower shortages and cost pressures as challenges, but said quality improvements and cost optimisation would help it manage them. Its cost-saving measures include heat energy efficiency partnerships to address pressures such as the scheduled natural gas tariff increase effective October 1.
Before the results announcement, Top Glove shares were at 80.5 sen at the midday break, gaining two sen or 2.6%. Its market capitalisation stood at RM6.6 billion.
