> ## Content Index
> Fetch the complete content index at: https://www.southeastasiaconnect.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Top Glove full-year profit nearly triples as sales volumes rise
- URL: https://www.southeastasiaconnect.com/top-glove-fy2026-profit-sales-volume-malaysia/
- Published: 2026-10-07T06:04:27.000Z
- Updated: 2026-10-07T06:53:24.000Z
- Description: Shareholder-attributable profit reached RM308 million on RM4.23 billion revenue as glove sales volumes grew by close to 30%.
- Author: Lars Voedisch
- Tags: News, #google-news, Malaysia, manufacturing

[Top Glove](https://www.topglove.com/?ref=southeastasiaconnect.com) reported profit attributable to shareholders of RM308 million for the year ended 31 August 2026, up from RM105 million a year earlier, as higher sales volumes lifted revenue. The Malaysian manufacturer’s unaudited results, announced on 6 October, show annual revenue rising to RM4.23 billion from RM3.49 billion.

The company said glove sales volumes grew by close to 30% over the year. It attributed the improvement to stronger demand, more competitive pricing and better capacity utilisation, supported by continuing work on quality, costs and process automation.

## Final-quarter earnings include tax credit and impairment

Fourth-quarter revenue reached RM1.25 billion, compared with RM894 million in the corresponding quarter. Profit attributable to shareholders rose to RM158 million from RM35 million. The quarter included a RM29.9 million income-tax credit, a material contributor to the bottom line alongside the operating improvement. The quarter also included a RM66 million non-cash goodwill impairment, which reduced earnings.

Profit before tax was RM129 million for the quarter, against RM41.6 million a year earlier. The group’s total profit after tax, including non-controlling interests, was RM159 million for the quarter and RM310 million for the year; those totals differ from the shareholder-attributable figures.

Top Glove said global glove demand was growing faster than supply, helping manufacturers recover margins. It also pointed to raw-material and glove-supply constraints linked to the Middle East crisis. Management said competitive pricing and higher utilisation supported its volume growth, while automation helped address manpower constraints.

## Cash position improves as cost pressures continue

The group reported a net cash position of RM141 million at year-end, compared with net debt of RM267 million a year earlier. Its board declared a tax-exempt final dividend of 1.5 sen a share, amounting to RM120 million, payable on 15 December.

For glove buyers and manufacturing suppliers, the results show a producer selling more output and improving its financial position while continuing to manage input costs. Top Glove said it was progressively reactivating idle facilities as manpower permits.

The company’s next-year measures include heat-energy efficiency partnerships with vendors and further automation. It identified natural-gas tariff increases effective from 1 October, raw-material price volatility, competition and labour shortages among the pressures it expects to manage. Those plans set out how management intends to defend margins after the stronger financial year.

**Source:** [Top Glove’s financial results filed through SGX on 6 October 2026](https://links.sgx.com/FileOpen/TopGlove%5F4QFY2026%5FFinancial%20Results%5F06.10.2026.ashx?App=Announcement&FileID=906106&ref=southeastasiaconnect.com).