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Excluding the Covid-19 era (2019–2022), Top Glove has always maintained profits. It was consistently in the green. From 2002 to 2017, profits kept rising into the tens and even hundreds of millions of ringgit, proving the company’s strong fundamentals. Go check it if anyone doesn’t believe me.
Of course, Covid-19 was a unique situation. During the Covid-19 period, demand surged and profits multiplied significantly, but that was a special case.
After the pandemic (2019–2022), demand dropped and glove oversupply led to temporary losses. This was not a sign of weakness, but rather an industry-wide correction.
However, Top Glove responded strategically, reorganizing its sales approach and tightening product management strategy. Did it work? Yes. By late 2023, losses began to stabilize, and by 2025, profits had started returning.
That said, expectations should remain realistic. It will take some time to reach the pre-Covid profit levels of tens and hundreds of millions. So patience is key. Just don’t underestimate Top Glove. Remember, this is the world’s largest glove manufacturer, and its strong financial track record before Covid is proof of its success. Trust me, Top Glove is not just surviving now, it’s preparing for its next climb. With enough time, this company will surely rise again.
Don’t listen to the shorties. Their fearmongering is just noise against the company’s strong fundamentals and long-term growth story. Remember, Top Glove is the world’s largest glove manufacturer, controlling over 23% of global market share, and investors shouldn’t be swayed by the short-sellers.
Like I commented previously, a new high for myeg’s quarterly profit. Siapa yg belum buy, better buy now. Myeg may reach RM1 in the near future. Could be next month? Or could be next january?
Quarterly profit of myeg keeps getting new high for every quarter. Wait for next quarter financial report by end of this november, myeg stock price may rise.