- Riverstone (SGX:AP4) attended an NDR with our institutional clients. Management reiterated that Riverstone's overall performance in 1Q25 was affected by the weaker US$/MYR despite a healthy volume growth.
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Expect a stronger recovery in the cleanroom glove segment in 2H25.
- Riverstone expects to see double-digit improvement in its cleanroom glove segment volume h-o-h in 2H25, as customers that cut orders in 1H25 due to US trade tariff uncertainties are expected to resume purchasing as sentiment improves.
- - Read this at SGinvestors.io -
Competition remains intense in the healthcare glove segment.
- Read more at SGinvestors.io.