- Top Glove's FY25 results came ahead of our expectations but missed consensus’. While Top Glove's share price rallied 16% post results, we believe valuations are fair following our earnings reassessment.
- - Read this at SGinvestors.io -
FY25 beat ours, but missed consensus’ estimates.
- Top Glove reported 4QFY25 core PATAMI of MYR24.9m, bringing FY25 core PATAMI to MYR24.1m. This exceeded our forecast of MYR2.6m, but fell short of consensus’ MYR59m.
- - Read this at SGinvestors.io -
- higher utilisation of operating plants.
- A final dividend of 0.48 sen was declared, implying a 35% dividend payout ratio.
Latex-driven growth.
- Read more at SGinvestors.io.
Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.
Eddy Do RHB Securities Research | https://www.rhbgroup.com/ 2025-10-10
Read also RHB's most recent report:
2026-06-19 Top Glove - The Hard Part Starts Now; Keep SELL.
Previous report by RHB:
2026-04-13 Top Glove - Upside Priced In, Structural Risks Remain; Downgrade To SELL.
Price targets by 2 other brokers at Top Glove Target Prices.
Listing of research reports at Top Glove Analyst Reports.
Relevant links:
Top Glove Share Price History,
Top Glove Announcements,
Top Glove Dividend Payout Dates & Corporate Actions,
Top Glove News
