Blog: Top Glove - Strong Earnings as Expected

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1 comment(s). Last comment by Yong Ken 2021-03-17 09:29

Yong Ken

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Posted by Yong Ken > 2021-03-17 09:29 | Report Abuse

I think the analysis is making sense. the glove ASP is either flat or slightly higher because the pandemic is yet over and not so soon. The raw material price will hike because of the increasing of the production volume. However, i think the glove producers can transfer the material cost to consumer if the demand still very strong. In view of this, i think the earning still strong in this quarter.

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