Top Glove Corporation Bhd First Quarter 2025 Earnings: Misses Expectations

Top Glove Corporation Bhd (KLSE:TOPGLOV) First Quarter 2025 Results

Key Financial Results

• Revenue: RM885.9m (up 80% from 1Q 2024).
• Net income: RM17.2m (up from RM57.7m loss in 1Q 2024).
• Profit margin: 1.9% (up from net loss in 1Q 2024).
• EPS: RM0.001 (up from RM0.007 loss in 1Q 2024).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Top Glove Corporation Bhd Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 29%. Earnings per share (EPS) also missed analyst estimates by 59%.

Looking ahead, revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Medical Equipment industry in Asia.

Performance of the market in Malaysia.

The company's shares are down 6.4% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We have a graphic representation of Top Glove Corporation Bhd's balance sheet and an in-depth analysis of the company's financial position.

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