Glove makers soar after Biden slaps higher tariff on Chinese gloves dailyexpress.com.my - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyexpress.com.my Daily Mail and Mail on Sunday newspapers.
PETALING JAYA: The recent improved export data and a steady average selling prices (ASPs) for glove manufacturers point to a positive recovery in demand.
KUALA LUMPUR, Dec 20 Top Glove Corporation Bhd’s net loss narrowed to RM57.71 million in the first quarter of financial year 2024 (1Q 2024) from RM168.24 million in 1Q.
(Image: The Edge Markets) Head of research for Rakuten Trade, Kenny Yee has advised investors to practise caution and prudence when investing and trading
Malaysia has some of the world’s largest glove makers, but their pricing power has been diminishing due to competition from Chinese and Thai players who make cheaper gloves.