KUALA LUMPUR, March 18 (Xinhua) -- Malaysia-based Top Glove, the world's largest rubber glove firm, has reported higher earnings in the first half of fiscal year 2026, which ended on Feb. 28, amid increased sales volume.
The firm said in a bourse filing on Wednesday that its net profit for the first half surged 93.92 percent year-on-year to 69.34 million ringgit (17.72 million U.S. dollars).
The firm's revenue for the first half also climbed 6.73 percent year-on-year to 1.89 billion ringgit.
The group's sales volume rose 36 percent as compared with the same period last year, signalling continued market recovery.
As for the second quarter, the firm's net profit grew 1.57 percent year-on-year to 30.76 million ringgit, while its revenue rose 13.74 percent to 1 billion ringgit.
The group said it remains confident in the glove industry's recovery, driven by steady demand across sectors.
Amid Middle East tensions affecting nitrile latex supply, the firm is working closely with suppliers and customers to manage risks. (1 ringgit equals 0.26 U.S. dollars) ■