Top Glove Corporation Bhd Full Year 2024 Earnings: EPS Beats Expectations, Revenues Lag

Simply Wall St · 10/15 22:12

Top Glove Corporation Bhd (KLSE:TOPGLOV) Full Year 2024 Results

Key Financial Results

  • Revenue: RM2.52b (up 12% from FY 2023).
  • Net loss: RM15.2m (loss narrowed by 98% from FY 2023).
  • RM0.008 loss per share (improved from RM0.12 loss in FY 2023).
earnings-and-revenue-history
KLSE:TOPGLOV Earnings and Revenue History October 15th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Top Glove Corporation Bhd EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 8.3%. Earnings per share (EPS) exceeded analyst estimates by 54%.

Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Medical Equipment industry in Asia.

Performance of the market in Malaysia.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

Before we wrap up, we've discovered 1 warning sign for Top Glove Corporation Bhd that you should be aware of.