Top Glove Corporation Bhd First Quarter 2024 Earnings: RM0.007 loss per share (vs RM0.021 loss in 1Q 2023)

Simply Wall St.2023-12-22

Top Glove Corporation Bhd (KLSE:TOPGLOV) First Quarter 2024 Results Key Financial Results Revenue: RM493.5m (down 22% from 1Q 2023). Net loss: RM57.7m (loss narrowed by 66% from 1Q 2023). RM0.007 ...

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All figures shown in the chart above are for the trailing 12 month  period. Looking ahead, revenue is forecast to grow 30% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Medical Equipment industry in Asia.The company's shares are up 2.7% from a week ago.Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. 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See our latest analysis on Top Glove Corporation Bhd's balance sheet health. \nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. 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