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Coronavirus

Malaysia's Top Glove sees orders from China double on coronavirus

World market leader on track to beat sales growth target this year

Top Glove looks to expand rubber glove capacity about 30% by the end of 2021. (Photo courtesy of the company)

SINGAPORE -- Malaysia's Top Glove, the world's leading supplier of disposable rubber gloves, said Thursday that orders from China have doubled their usual volume over the past few days as the deadly coronavirus outbreak widens.

Top Glove had forecast a 10% to 15% rise in rubber glove sales for the year ending August 2020, but "we are expecting more sales orders coming in depending on the severity of the outbreak and how long it will last," the company said when asked about the earnings impact of the virus. 

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