I am normally the Voice of Gloom on threads like this, but I'd...

I am normally the Voice of Gloom on threads like this, but I'd like to point out the Top Glove results aren't as bad as the screaming headline would suggest. The revenue %drop is from record highs at the height of the pandemic. Top Glove reported annual profit increase of 350%.

Top Glove would also appear to be the company alluded to in VIP's previous report as dumping gloves across Asia in response to a US ban on its products, which pushed down local prices.

Personally, I'm more concerned about VIP's management and corporate structure than the global gloves market, but the market rarely seems to agree with me so predictions of sub 3cents may prove correct. Sigh.