Back 09 Dec 2025

Top Glove Swings Back To Profit With RM105 Million FY2025 Earnings, Declares Dividend As Cash Pile Swells

Link: https://links.sgx.com/1.0.0/corporate-announcements/GA5SWF6HQ8W460YA/abcaab579a0dea89b16c19b5bd86a6eb558b19e5e696d11614f1fb4bd24d50b6

Summary:

  • Top Glove returned to the black with group profit after tax of RM122.8 million for FY2025, driven by higher glove demand, improved selling prices and tight cost controls, compared with a RM21.4 million loss a year earlier.

  • Profit attributable to shareholders came in at RM105.3 million, versus a RM64.9 million loss in FY2024, while the company level booked RM509.2 million profit mainly on dividend income from subsidiaries.

  • Revenue rose to RM3.49 billion from RM2.51 billion, lifting gross profit to RM496.9 million, as utilisation and margins recovered from trough conditions seen during the post-pandemic glut.

  • The board declared a tax-exempt final dividend of 0.48 sen per share, amounting to RM38.5 million, payable on 15 December 2025.

  • Group total assets stood at RM6.28 billion with net cash strengthened by sizeable money market holdings, while Perpetual Sukuk of RM1.18 billion was fully redeemed during the year.

  1. https://links.sgx.com/FileOpen/TopGlove_Annual_Audited_Account_FY2025.ashx?App=Announcement&FileID=869379