Top Glove sees stronger performance in H2

TheStar Wed, Mar 10, 2021 09:10am - 4 years View Original


In an online media briefing, executive director Lim Cheong Guan (pic) said ASPs for the second half of FY21 are expected to be higher than the first half.

PETALING JAYA: Top Glove Corp Bhd is expecting an even stronger performance for the second half (H2) of its financial year ending Aug 31,2021 (FY21) on higher average selling prices (ASPs).

In an online media briefing, executive director Lim Cheong Guan (pic) said ASPs for the second half of FY21 are expected to be higher than the first half.

“For the second half, the group is expecting additional capacity from its ongoing production expansion, higher plant utilisation, strong demand despite shorter delivery time and lower raw material costs, ” he said.

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