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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 live in denial mindset, before covid i have no doubt that top glove perform well and earn a lot. However, you must take into consideration whereby many China companies start to produce glove during covid and after covid. Hence, there are competition of ASP of glove between these companies and China is good in reducing the prices of glove. As per your saying ‘Go check it if anyone doesn’t believe me’