The Borneo Post (Sabah)
Top Glove maintains 30% global market share target this year
SHAH ALAM: The world’s largest rubber glove producer Top Glove Corporation Bhd has maintained a 30 per cent global market share target this year despite the setback due to disputes with the United States’ Customs and Border Protection (US CBP) involving forced labour issue, managing director Datuk Lee Kim Meow said.
Currently, Top Glove’s market share stood at 26 per cent.
“As we work towards remedying the indicators, we are confident that we will be able to catch up very quickly.
“We have our shortcoming in the past but we have put it behind us and we like to move strong moving forward, to be a good model and good example for the industry,” he told selected media during an exclusive walkabout of Top Glove’s workers’ accommodation and question and answer session yesterday.
He said last year, the company had been challenged by the outbreak of COVID-19, labour shortage and lack of raw materials but as a company that has been in the industry for 30 years, it managed to cope well.