Top Glove posts 33.3pc rise in 2Q earnings to RM56mil

KUALA LUMPUR: Top Glove Corp Bhd’s earnings for the second quarter ended February 28 2015 climbed 33.3 per cent to RM56.07 million from RM41.55 million a year ago, boosted by strong demand, firmer US dollar and cheaper raw materials. In its filing to the stock market yesterday, Top Glove reported its pre-tax profit rose 17.8 per cent to RM69.5 8million from RM50.11 million in the previous corresponding quarter. This translates the glovemaker's earnings per share for the quarter to 9.09 sen co