FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Glove stocks fall after Top Glove posts weaker 4Q results Vote_lcap68%Glove stocks fall after Top Glove posts weaker 4Q results Vote_rcap 68% [ 178 ]
Glove stocks fall after Top Glove posts weaker 4Q results Vote_lcap18%Glove stocks fall after Top Glove posts weaker 4Q results Vote_rcap 18% [ 47 ]
Glove stocks fall after Top Glove posts weaker 4Q results Vote_lcap13%Glove stocks fall after Top Glove posts weaker 4Q results Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Glove stocks fall after Top Glove posts weaker 4Q results

Glove stocks fall after Top Glove posts weaker 4Q results

3 posters

Go down  Message [Page 1 of 1]

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics
https://www.theedgemarkets.com/article/glove-stocks-fall-after-top-glove-posts-weaker-4q-results

KUALA LUMPUR (Sept 17): Glove stocks fell today after Top Glove Corp Bhd registered weaker fourth-quarter (4Q) results on normalising glove demand and average selling prices (ASPs).

samaritan


Moderator
Moderator
@ResearchMan wrote:https://www.theedgemarkets.com/article/glove-stocks-fall-after-top-glove-posts-weaker-4q-results

KUALA LUMPUR (Sept 17): Glove stocks fell today after Top Glove Corp Bhd registered weaker fourth-quarter (4Q) results on normalising glove demand and average selling prices (ASPs).
Top Glove's export ban to US was lifted only very recently. So, a weaker performance was expected.


"The fact is soon after the ban lifted the shares got a boost after company takes steps to address forced labor findings''.


https://asia.nikkei.com/Business/Companies/Malaysia-s-Top-Glove-free-to-export-to-US-after-ban-lifted


_________________




The biggest risk in life is not taking any risk at all.

ResearchMan likes this post

Great1


Senior Equity Analytic
Senior Equity Analytic
Top glove loss reflects gains of others major players in Glove Industry. US earlier ban top glove products and fulfilled US requirements with other major players in the World including DIPD. Our rubber glove exports in last 2 months have shown a dramatic up. DIPD has a strong link to USA markets. 

Quote :
Export earnings from Rubber & Rubber finished products increased by 41.98 % to US$ 616.59 Mn in Jan-July 2021 due to the better performance of exports of Industrial & Surgical Gloves of Rubber (68.64%) and Pneumatic & Retreated Rubber Tyres & Tubes (44.96%).

ResearchMan likes this post

Great1


Senior Equity Analytic
Senior Equity Analytic
REXP also will provide super performances

ResearchMan likes this post

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics
@Great1 wrote:Top glove loss reflects gains of others major players in Glove Industry. US earlier ban top glove products and fulfilled US requirements with other major players in the World including DIPD. Our rubber glove exports in last 2 months have shown a dramatic up. DIPD has a strong link to USA markets. 

Quote :
Export earnings from Rubber & Rubber finished products increased by 41.98 % to US$ 616.59 Mn in Jan-July 2021 due to the better performance of exports of Industrial & Surgical Gloves of Rubber (68.64%) and Pneumatic & Retreated Rubber Tyres & Tubes (44.96%).
Natural rubber exports in the first seven months of 2021 have risen by 44% to $ 23.5 million, while in July they rose by 12% to $ 3.3 million. Rubber products exports rose by 42% to $ 593.1 million in the first seven months and by 13.6% in July to $ 93.4 million.

Source: https://www.ft.lk/front-page/RRI-tal...stry/44-723094

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum