TOP GLOVE NET PROFIT DROP MORE THAN 50%

Financial Results

Reference No TG-110610-59062

Company Name	:	TOP GLOVE CORPORATION BHD
Stock Name	:	TOPGLOV
Date Announced	:	17/06/2011

Financial Year End	:	31/08/2011
Quarter	:	3
Quarterly report for the financial period ended	:	31/05/2011
The figures	:	have not been audited

Converted attachment :

Remark:

• DEFAULT CURRENCY
• OTHER CURRENCY

Currency	:	Malaysian Ringgit (MYR)

SUMMARY OF KEY FINANCIAL INFORMATION

31/05/2011

		INDIVIDUAL PERIOD		CUMULATIVE PERIOD
		CURRENT YEAR QUARTER	PRECEDING YEAR CORRESPONDING QUARTER	CURRENT YEAR TO DATE	PRECEDING YEAR CORRESPONDING PERIOD
		31/05/2011	31/05/2010	31/05/2011	31/05/2010
		$$'000	$$'000	$$'000	$$'000
1	Revenue	535,363	555,851	1,512,080	1,538,046
2	Profit/(loss) before tax	34,505	83,324	110,385	263,852
3	Profit/(loss) for the period	26,041	65,380	88,314	204,186
4	Profit/(loss) attributable to ordinary equity holders of the parent	25,597	64,484	87,057	200,218
5	Basic earnings/(loss) per share (Subunit)	4.14	10.55	14.08	32.84
6	Proposed/Declared dividend per share (Subunit)	5.00	7.00	5.00	7.00
		AS AT END OF CURRENT QUARTER		AS AT PRECEDING FINANCIAL YEAR END
7	Net assets per share attributable to ordinary equity holders of the parent ($$)	1.8200		1.8100

Remarks :

For comparative purpose, the Earning Per Share for the quarter and year-to-date ended 31 May 2010 had adjusted to reflect the bonus issue of 1 for every 1 existing ordinary shares of par value RM0.50 each which was completed on 20 July 2010.