Affin Hwang Capital Research Highlights
Top Glove - Demand intact
Top Glove Corp; Buy
Price Target: RM7.20; TOPG MK
Net profit was dragged by unrealised forex losses. Resilient demand; sales volume grew 7% q-o-q. Declared 1st interim DPS of 7sen. Maintain Buy and RM7.20 TP.
Source: HwangDBS Research - 14 Jun 2013
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