Top Glove's 3Q Margins Likely Steady as Price Hikes Offset Cost Pressures -- Market Talk

Dow Jones04-23 09:35

0135 GMT - Top Glove's fiscal 3Q margins are expected to remain stable sequentially as higher nitrile glove prices offset rising input costs, Hong Leong IB analyst Chee Kok Siang says in a note. Profits are likely to improve on stronger revenue, he says, noting that average selling prices began recovering in late March, with further price hikes planned. Sales volumes had dipped as buyers paused purchases, but these have started to normalize since April, he says. Tight nitrile butadiene rubber supply and stricter supplier terms are expected to drive industry consolidation, favoring larger players, he adds. Hong Leong raises the stock's target price to 0.75 ringgit from 0.54 ringgit, and keeps a hold rating. Shares are 0.7% higher at 0.72 ringgit. (yingxian.wong@wsj.com)

(END) Dow Jones Newswires

April 22, 2026 21:35 ET (01:35 GMT)

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Sales volumes had dipped as buyers paused purchases, but these have started to normalize since April, he says. Tight nitrile butadiene rubber supply and stricter supplier terms are expected to drive industry consolidation, favoring larger players, he adds. <a href=\"https://laohu8.com/S/HLFBF\">Hong Leong</a> raises the stock's target price to 0.75 ringgit from 0.54 ringgit, and keeps a hold rating. Shares are 0.7% higher at 0.72 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2026 21:35 ET (01:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Top Glove's 3Q Margins Likely Steady as Price Hikes Offset Cost Pressures -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Glove's 3Q Margins Likely Steady as Price Hikes Offset Cost Pressures -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-23 09:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0135 GMT - <a href=\"https://laohu8.com/S/TGLVY\">Top Glove</a>'s fiscal 3Q margins are expected to remain stable sequentially as higher nitrile glove prices offset rising input costs, <a href=\"https://laohu8.com/S/HLFAF\">Hong Leong</a> IB analyst Chee Kok Siang says in a note. Profits are likely to improve on stronger revenue, he says, noting that average selling prices began recovering in late March, with further price hikes planned. Sales volumes had dipped as buyers paused purchases, but these have started to normalize since April, he says. Tight nitrile butadiene rubber supply and stricter supplier terms are expected to drive industry consolidation, favoring larger players, he adds. <a href=\"https://laohu8.com/S/HLFBF\">Hong Leong</a> raises the stock's target price to 0.75 ringgit from 0.54 ringgit, and keeps a hold rating. Shares are 0.7% higher at 0.72 ringgit. (yingxian.wong@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 22, 2026 21:35 ET (01:35 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6103","symbol_name":"医疗保健用品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2629070353","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2629070353","pubTimestamp":1776908100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0135 GMT - Top Glove's fiscal 3Q margins are expected to remain stable sequentially as higher nitrile glove prices offset rising input costs, Hong Leong IB analyst Chee Kok Siang says in a note. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6103":"医疗保健用品","BVA.SI":"顶级手套有限公司","BK6511":"医疗保健服务概念"},"translate_title":"随着价格上涨抵消成本压力，顶级手套第三季度利润率可能稳定——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BVA.SI":1.5},"content_text":"0135 GMT - Top Glove's fiscal 3Q margins are expected to remain stable sequentially as higher nitrile glove prices offset rising input costs, Hong Leong IB analyst Chee Kok Siang says in a note. Profits are likely to improve on stronger revenue, he says, noting that average selling prices began recovering in late March, with further price hikes planned. Sales volumes had dipped as buyers paused purchases, but these have started to normalize since April, he says. Tight nitrile butadiene rubber supply and stricter supplier terms are expected to drive industry consolidation, favoring larger players, he adds. 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