External broker reports(aggregated public sources), Public Investment Bank Bhd

Public Investment Bank Bhd

Public Investment Bank Berhad provides investment banking services. The Company offers corporate finance, banking, securities financing, capital market, treasury, and advisory services.

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>Top Glove Corporation (Top Glove) reported a fourth consecutive quarterly net loss of RM130.6m in 3QFY23 (+20.7% QoQ) from a net loss of RM164.7m in the previous quarter.</li><li>The loss narrowed mainly due to the increased in ASPs and cost optimisations following the decommissioning production lines and temporary shutdown of factories.</li><li>After stripping out the non-operating items, 9MFY23 core net loss stood at RM420.4m (-262% YoY).</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Top Glove Corporation (Top Glove) reported a fourth consecutive quarterly net loss of RM130.6m in 3QFY23 (+20.7% QoQ) from a net loss of RM164.7m in the previous quarter.The loss narrowed mainly due to the increased in ASPs and cost optimisations following the decommissioning production lines and temporary shutdown of factories.After stripping out the non-operating items, 9MFY23 core net loss stood at RM420.4m (-262% YoY).Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Top Glove Corporation Berhad - Lower Sales Volume On Higher ASP