Top Glove Corporation Bhd. reported revenue of MYR 883.6 million for Q1, on par with last year. However, profit before tax surged to MYR 45.2 million from MYR 19.4 million, with period profit rising to MYR 38.8 million from MYR 16.7 million. Profit attributable to equity holders also jumped to MYR 38.6 million from MYR 5.5 million, and earnings per share improved to 0.48 subunits. TGLVY stock is currently trading at $0.5671, up 9.63% on the OTC Markets.

Read more at Nasdaq: Top Glove Reports Higher Profit In Q1 Despite Flat Revenue