Top Glove Corporation Bhd. reported earnings results for the third quarter and nine months ended May 31, 2023. For the third quarter, the company reported sales was MYR 530.62 million compared to MYR 1,492.66 million a year ago. Net loss was MYR 118.84 million compared to net income of MYR 27.69 million a year ago. Basic loss per share from continuing operations was MYR 0.0163 compared to basic earnings per share from continuing operations of MYR 0.0019 a year ago. Diluted loss per share from continuing operations was MYR 0.0163 compared to diluted earnings per share from continuing operations of MYR 0.0019 a year ago.
For the nine months, sales was MYR 1,781.16 million compared to MYR 4,582.41 million a year ago. Net loss was MYR 428.63 million compared to net income of MYR 326.98 million a year ago. Basic loss per share from continuing operations was MYR 0.0579 compared to basic earnings per share from continuing operations of MYR 0.036 a year ago. Diluted loss per share from continuing operations was MYR 0.0579 compared to diluted earnings per share from continuing operations of MYR 0.036 a year ago.