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with such high enery price, the operating business can't even make big profits. makiing foreign exchange RM 176 millions to offset the operation losses. It is better change full business to foreign excahnge.
The Group reported loss before taxation of RM116.1 million in 1Q 2022 compared with RM559.7 million in
1Q 2021, lower by 79%, mainly due to:
1. higher adjusted EBITDA as mentioned above; offset by
2. higher finance costs by RM87.5 million mainly due to higher average outstanding borrowings as well as
finance costs incurred on certain qualifying projects which were completed during the period and are no
longer capitalised.
pls refer to QR page 14, very high loans. How to make money with such high loan in future ?
TOP GLOVE CORPORATION BHD ("TOP GLOVE" OR THE "COMPANY") TOP GLOVE MALAYSIA IS CLEAR AND ALLOWED TO RESUME EXPORTING AND SELLING GLOVES TO U.S.A. FOLLOWING MODIFICATION OF FINDING BY U.S. CBP - Finally
