Friday, June 18, 2010

Top Glove up in early trade

KUALA LUMPUR: Top Glove Corp Bhd shares advanced Thursday, June 17 after the company on Wednesday declared a first interim single tier dividend of 14 sen net per share in respect of financial year ending Aug 31, 2010.

At 9.15am, Top Glove added 12 sen to RM12.98 with 22,000 shares traded.

The company's net profit for the third quarter ended May 31, 2010 rose 52.9% to RM64.48 million from RM42.17 million a year ago, on the back of continued increase in demand for gloves.




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