Top Glove says fire at Lukut factory only impacts 1% of capacity

Top Glove says fire at Lukut factory only impacts 1% of capacity FMTNews FMTBusiness

Top Glove has a total of 50 factories, of which 43 factories are in Malaysia, with a total capacity of 100 billion pieces of gloves per annum.

In a statement today, the gloves manufacturer said the fire occurred at Block A of its Factory 27 at approximately 5pm and was brought under control within an hour.“Other than a section of Block A, all other areas of the factory were not affected and Block B is still running as usual,” Top Glove said.

“In the meantime, the fire department has given the site clearance approval and the necessary cleaning, repair and restoration work at Block A is underway,” it said. For its second quarter ended Feb 28, 2023 , the group posted a net loss of RM164.7 million from a net profit of RM87.55 million a year ago, translating to a loss per share of 2.1 sen.

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