Thursday, March 18, 2010

Top Glove Corporation Berhad : 2Q10 Results Within Expectations - 18/03/2010

Within expectations. Top Glove’s 2QFY08/10 net profit of RM70.5m (+95.9% yoy) was within our but above consensus expectations with 1H net profit of RM135.7m (+93.5% yoy) accounting for 51.7% and 54.8% of our and consensus full-year estimates respectively. As expected, no dividend was declared for the quarter.

Top Glove Corporation Berhad : 2Q10 Results Within Expectations-18/03/2010

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