Top Glove Corporation Bhd. reported earnings results for the fourth quarter and full year ended August 31, 2023. For the fourth quarter, the company reported sales was MYR 475.87 million compared to MYR 989.94 million a year ago. Net loss was MYR 451.4 million compared to MYR 51.25 million a year ago. Basic loss per share from continuing operations was MYR 0.0578 compared to MYR 0.0079 a year ago. Diluted loss per share from continuing operations was MYR 0.0578 compared to MYR 0.0079 a year ago.
For the full year, sales was MYR 2,257.02 million compared to MYR 5,572.35 million a year ago. Net loss was MYR 885.89 million compared to net income of MYR 275.73 million a year ago. Basic loss per share from continuing operations was MYR 0.1157 compared to basic earnings per share from continuing operations of MYR 0.0282 a year ago. Diluted loss per share from continuing operations was MYR 0.1157 compared to diluted earnings per share from continuing operations of MYR 0.0282 a year ago.