[COPY] Top Glove 2025 And 2026 Growth Projected At 40% As 4Q Turnover Surges 75.5% YoY
[COPY] Top Glove 2025 And 2026 Growth Projected At 40% As 4Q Turnover Surges 75.5% YoY
Notably, the group acknowledged that its bottom line for 4QFY23/24 was affected by the weakening of the US dollar against the ringgit, prompting an upward revision to its selling prices. However, the effect of the revision will be realised from November 2024 onwards due to time lag. The 2025 and 2026 net profit margins of Top Glove Corporation Bhd are projected to grow at 39% and 42%, respectively, as a result of higher sales volume and factory utilisation rate, according to Kenanga Investment Bank Bhd (Kenanga Research).
根據肯南加投資銀行有限公司（Kenanga Research）的數據，由於銷量和工廠利用率的提高，Top Glove Corporation Bhd的2025年和2026年的淨利潤率預計將分別增長39％和42％。
Unsurprisingly, the glove manufacturer recorded a 75.5%1 revenue surge year-on-year (YoY) in the last quarter of financial year 2023/242 (4QFY23/24), and its revenue for the full-year grew by 11.5%, according to a press release circulated by Top Glove on Thursday.
根據Top Glove週四發佈的新聞稿，毫不奇怪，這家手套製造商在2023/242財年的最後一個季度（24財年4季度）的收入同比增長了75.5％1％，全年收入增長了11.5％。
The 4QFY23/24 revenue amounted to RM835 million, representing a 75.5% increase from the same quarter of the previous year. This is the strongest sales volume growth for Top glove since the peak of the pandemic in 2021.
23/24財年第四季度的收入爲83500萬令吉，比去年同期增長75.5％。這是自2021年疫情高峰以來Top手套最強勁的銷量增長。
Notably, the group acknowledged that its bottom line for 4QFY23/24 was affected by the weakening of the US dollar against the ringgit, prompting an upward revision to its selling prices. However, the effect of the revision will be realised from November 2024 onwards due to time lag.
Mr Lim Cheong Guan, Managing Director of Top Glove remarked, "We are pleased that the group's financial performance has improved significantly over the course of FY2023/24, bringing us closer to breaking even. Our full year sales volume growth continues to be healthy. These are strong indicators of market resurgence and we are well positioned to ride the recovery wave. Our consistent progress has been driven by ongoing improvement initiatives, and with the continued support of our employees, the group is confident we are well on the path to profitability and sustainable growth."
值得注意的是，該集團承認，其23/24財年第四季度的底線受到美元兌令吉疲軟的影響，促使其銷售價格向上修正。但是，由於時間延遲，修訂的效果將從2024年11月起生效。
Top Glove董事總經理林昌源先生表示：「我們很高興該集團的財務業績在2023/24財年得到了顯著改善，使我們更接近收支平衡。我們的全年銷售量繼續保持健康增長。這些都是市場復甦的有力指標，我們完全有能力駕馭復甦浪潮。持續的改進舉措推動了我們的持續進步，在員工的持續支持下，集團相信我們已走上盈利和可持續增長的道路。」
Following the announcement of the 4Q financials, Top Glove's stock price was largely unmoved, lingering around RM1.00, possibly due to the widespread news of positive revenue and profitability figures on the glove manufacturing sector going into today's announcement.
在公佈第四季度財務報告後，Top Glove的股價基本保持不變，徘徊在1.00令吉左右，這可能是由於今天公佈的手套製造業收入和盈利數據均爲樂觀的消息所致。
- The percentage is stated in a Top Glove-circulated press release and seems to be calculated from the attached Consolidated Statement of Profit and Loss (enclosed).
︎ - Financial year ended 31 August 2024. ︎
- 該百分比在Top Glove發行的新聞稿中列出，似乎是根據所附的合併損益表（附後）計算得出的。
︎ - 截至2024年8月31日的財政年度。︎
譯文內容由第三人軟體翻譯。
