TOP GLOVE RETURNS TO BLACK IN 3QFY2024 WITH NET PROFIT OF RM50.67 MLN
TOP GLOVE RETURNS TO BLACK IN 3QFY2024 WITH NET PROFIT OF RM50.67 MLN
KUALA LUMPUR, June 19 (Bernama) -- Top Glove Corporation Bhd has returned to the black in the third quarter of financial year 2024 (3Q FY2024) ended May 31, 2024, chalking up a net profit of RM50.67 million compared to a net loss of RM130.59 million in 3Q FY2023.
頂級手套公司已於2024財年第三季度（截至2024年5月31日）取得歸屬於母公司股東淨利潤5067萬令吉，相比2023財年同期的淨虧損1億3059萬令吉實現了扭虧爲盈。
Revenue for the quarter also improved by 20 per cent to RM636.88 million versus RM530.62 million previously.
本季營業收入636.88百萬令吉，比去年同期的530.62百萬令吉提高了20%。
"The group's more robust performance was driven primarily by stronger glove demand as customers replenished their glove inventories having cleared excess stocks'.
“隨着客戶清理過剩庫存後補充庫存，更強勁的手套需求主要推動了集團的業績。
"The higher utilisation, coupled with ongoing quality and cost optimisation measures also positively impacted the bottom line," the glovemaker said in a filing with Bursa Malaysia today.
手套製造商在遞交給馬來西亞交易所的申報文件中表示：“更高的利用率，再加上持續的質量和成本優化措施，也對利潤產生了積極影響。”
It said that although raw material costs escalated in 3Q FY2024, the group successfully reduced its production costs through multiple improvement initiatives.
集團表示，儘管2024財年第三季度的原材料成本有所上漲，但通過多項改進措施，成功降低了生產成本。
Prices of raw material for 3Q FY2024 were on an uptrend quarter on quarter, with the average natural latex concentrate price up by 20 per cent to RM6.77 per kilogramme, while the average nitrile latex price rose 16 per cent to US$0.89 per kg.
2024財年第三季度原材料價格環比上漲，其中天然乳膠濃縮物平均價格上漲20%，至每千克6.77令吉，而丙烯酸乳膠平均價格上漲16%，至每千克0.89美元。
Moreover, with growing glove demand, the group was able to share some of the cost increases with customers through upward revisions in the average selling prices.
此外，隨着手套需求的增長，集團能夠通過調高平均售價來分攤一些成本增加額。
Additionally, the sale of excess land helped to strengthen the group's profit and cash flow position, which was in line with a key objective of its turnaround plan.
此外，餘地的出售有助於增強集團的盈利和現金流狀況，這也是其扭虧爲盈計劃的關鍵目標之一。
"We are pleased to see a return to black this quarter as the glove industry turns a corner, and we remain deeply appreciative of our colleagues whose good efforts and commitment have been instrumental in accelerating our recovery," said Top Glove managing director Lim Cheong Guan in a statement today.
“我們很高興能看到手套行業逐漸走向復甦，在本季度實現扭虧爲盈。對於加快我們的復甦進程起到功不可沒的同事們，我們表示萬分感激。”頂級手套董事總經理林昌源今日在一份聲明中表示。
Bernama
馬新社
譯文內容由第三人軟體翻譯。