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Top Glove profit soars on pandemic demand but ban crimps US sales

Reuters

Published

Top Glove Corporation Bhd reported on Wednesday a 485 percent jump in third-quarter net profit as the Covid-19 pandemic drove strong demand for gloves.

The world's largest medical glove manufacturer posted record profits for the prior four straight quarters, bolstered by people using more gloves due to increased hygiene awareness.

In a stock exchange filing, the firm said net...

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