File Photo KUALA LUMPUR, June 16 (Bernama) -- Top Glove Corp Bhd believes that a return to the black is unlikely to happen in the last quarter of its 2023 financial year (FY2023) despite an improved outlook projected for average selling prices (ASPs) of its gloves and declining lower natural gas prices as well as raw materials. Managing director Lim Cheong Guan said the focus will now be on turning earnings before interest, taxes, depreciation, and amortisation (EBITDA) positive. 'It is unlikely for the company to turn around in the next quarter because we are in a challenging position but we are striving to at least turn our EBITDA positive first.

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