OverviewSuggest Edit
Top Glove Corporation is a manufacturer of disposable rubber gloves. The company provides a range of products in the healthcare and non-healthcare segment, including hand protection, sexual wellness, and dental care categories. It also offers face masks, latex tourniquets, exercise bands, and latex sheets.
| Type | Public | |
| Founded | 1991 | |
| HQ | Shah Alam, MY | Map |
| Website | topglove.com |
Recent NewsAll News
- Global Medical Gloves Market Report 2022: Market to Reach $29.8 Billion by 2026 - Top Glove is the Largest Rubber Glove Manufacturer
- Worldwide Disposable Gloves Industry to 2031 - Featuring Top Glove, Ansell and Hartalega Holdings Berhad Among Others
- Insights on the Surgical Gloves Global Market to 2027 - Featuring Top Glove, Ansell and 3M Among Others
- Top Glove Jumps 30% as Omicron Variant Concerns Boost Outlook
Key People/Management at Top Glove
Tenure Policy
Independent Director
Top Glove Office Locations
Top Glove has offices in Shah Alam, Klang, Duisburg, Neu-Ulm and in 1 other location
Shah Alam, MY (HQ)
Level 21, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13
Klang, MY
Jalan Teratai, Meru
Duisburg, DE
Bliersheimer Str. 80a
Neu-Ulm, DE
Pfaffenweg 35
Lai Uyen, VN
Land Lot A_8B_CN, Bau Bang Industrial Park
Top Glove Financials and Metrics
Top Glove Revenue
Top Glove's revenue was reported to be RM16.36 b in FY, 2021
| MYR | |
|---|---|
Revenue (Q2, 2022) | 1.4b |
Gross profit (Q2, 2022) | 1.5b |
Net income (Q2, 2022) | 102.3m |
EBITDA (Q2, 2022) | 196.5m |
EBIT (Q2, 2022) | 110.7m |
Market capitalization (18-May-2022) | 1.8b |
Closing stock price (18-May-2022) | 1.5 |
Cash (28-Feb-2022) | 562.5m |
EV | 1.7b |
Top Glove's current market capitalization is RM1.8 b.
Annual
| MYR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 4.2b | 4.8b | 7.2b | 16.4b |
Cost of goods sold | (3.2b) | (3.7b) | (4.1b) | (5.0b) |
Gross profit | 1.0b | 1.1b | 3.1b | 11.5b |
Quarterly
| MYR | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.3b | 1.2b | 1.2b | 1.2b | 1.2b | 1.7b | 4.8b | 5.4b | 4.2b | 1.6b | 1.4b |
Gross profit | 1.3b | 1.2b | 1.2b | 1.2b | 1.2b | 1.7b | 4.8b | 5.4b | 4.2b | 1.6b | 1.5b |
Annual
| MYR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 165.2m | 165.8m | 1.2b | 878.4m |
Accounts Receivable | 618.1m | 562.8m | 771.1m | 541.3m |
Prepaid Expenses | 105.3m | 63.5m | 74.9m | 124.0m |
Inventories | 505.9m | 629.9m | 530.7m | 1.1b |
Quarterly
| MYR | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 202.2m | 174.4m | 200.5m | 154.2m | 854.9m | 347.8m | 1.2b | 2.4b | 1.0b | 894.9m | 562.5m |
Accounts Receivable | 641.2m | 591.6m | 587.0m | 637.5m | 630.3m | 710.5m | 993.4m | 1.9b | 1.1b | 344.7m | 396.2m |
Prepaid Expenses | 172.3m | 201.9m | |||||||||
Inventories | 502.0m | 533.0m | 578.7m | 603.1m | 618.6m | 515.4m | 652.0m | 856.8m | 1.2b | 997.0m | 879.5m |
Annual
| MYR | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 522.8m | 423.6m | 2.2b | 10.0b |
Depreciation and Amortization | 146.7m | 194.9m | 241.0m | 300.4m |
Inventories | (107.6m) | (124.0m) | 100.1m | (727.2m) |
Accounts Payable | (34.7m) | (6.0m) | 318.1m | (112.8m) |
Quarterly
| MYR | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 141.9m | 267.3m | 349.6m | 125.5m | 255.8m | 677.8m | 3.1b | 6.8b | 9.4b | 258.8m | 371.1m |
Depreciation and Amortization | 47.7m | 95.1m | 145.7m | 54.4m | 110.6m | 169.9m | 70.7m | 151.1m | 230.6m | 83.6m | 169.5m |
| MYR | FY, 2018 |
|---|---|
Revenue/Employee | 245.0k |
Top Glove Revenue Breakdown
Top Glove revenue breakdown by business segment: 100.0% from MANUFACTURE OF RUBBER GLOVE
Top Glove Cybersecurity Score
Top Glove Environment, Social & Governance (ESG) Ratings
Top Glove Online and Social Media Presence
937 Twitter followers
Top Glove has 937 Twitter Followers. The number of followers has increased 1.4% month over month and increased 4.9% quarter over quarter
Top Glove's Trends
Twitter Engagement Stats for @topglovecorp
877
Tweets
1
Following
937
Followers
36
Tweets last 30 days
0.7
Avg. likes per Tweet
44.4%
Tweets with engagement
Top Glove News and Updates
May 13, 2022
Global Medical Gloves Market Report 2022: Market to Reach $29.8 Billion by 2026 - Top Glove is the Largest Rubber Glove Manufacturer
Dublin, May 13, 2022 (GLOBE NEWSWIRE) -- The "Medical Gloves - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Global Medical Gloves Market to Reach US$29.8 Billion by the Year 2026
April 19, 2022
Worldwide Disposable Gloves Industry to 2031 - Featuring Top Glove, Ansell and Hartalega Holdings Berhad Among Others
Dublin, April 19, 2022 (GLOBE NEWSWIRE) -- The "Disposable Gloves Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031" report has been added to ResearchAndMarkets.com's offering. The latest study analyzes the historical and present-day scenario of the global dis…
February 04, 2022
Insights on the Surgical Gloves Global Market to 2027 - Featuring Top Glove, Ansell and 3M Among Others
DUBLIN, Feb. 4, 2022 /PRNewswire/ -- The "Global Surgical Gloves Market By Type (Nitrile, Latex, Neoprene, Others), By Origin, By Distribution Channel (Distributors/Wholesalers, Direct Sales, Drug Stores/Pharmacies, Online Stores, Others), By Form, By Application, By Region, Competition...
November 29, 2021
Top Glove Jumps 30% as Omicron Variant Concerns Boost Outlook
Top Glove Jumps 30% as Omicron Variant Concerns Boost Outlook
September 20, 2021
Top Glove Expects ‘Headwinds’ as Speedy Vaccination Damps Prices
Top Glove Expects ‘Headwinds’ as Speedy Vaccination Damps Prices
September 18, 2021
Malaysian Billionaire Lim Wee Chai’s Top Glove Fourth-Quarter Profit Slumps Amid Softer Demand
Top Glove—controlled by billionaire Lim Wee Chai—said Friday profit for the fourth-quarter slumped 48% as sales of rubber gloves declined following a temporary ban in the U.S. amid allegations of forced labour at its factories.
Top Glove Frequently Asked Questions
When was Top Glove founded?
Top Glove was founded in 1991.
Who are Top Glove key executives?
Top Glove's key executives are Tenure Policy.
How many employees does Top Glove have?
Top Glove has 20,000 employees.
What is Top Glove revenue?
Latest Top Glove annual revenue is RM16.4 b.
What is Top Glove revenue per employee?
Latest Top Glove revenue per employee is RM818.1 k.
Who are Top Glove competitors?
Competitors of Top Glove include Torrington Brush Works, AXG Industries and Barber Healthcare.
Where is Top Glove headquarters?
Top Glove headquarters is located at Level 21, Top Glove Tower, 16, Persiaran Setia Dagang, Setia Alam, Seksyen U13, Shah Alam.
Where are Top Glove offices?
Top Glove has offices in Shah Alam, Klang, Duisburg, Neu-Ulm and in 1 other location.
How many offices does Top Glove have?
Top Glove has 7 offices.
Learn about Craft real-time company insights
Receive alerts for 300+ data fields across thousands of companies