Riverstone - RHB Research 2026-02-20: Holding Steady

• Riverstone (SGX:AP4)’s latest results were in line with expectations, with dividends coming in higher than projected due to the continuation of its special payouts.
• - Read this at SGinvestors.io -
• Stay NEUTRAL, new DCF-based S$0.87 target price (from S$0.93), 9% upside.

FY25 Within expectations.

• 4Q25 core net profit of MYR54m (+4% q-o-q, -23% y-o-y) brought FY25 earnings to MYR206m (-28% y-o-y), accounting for 100% and 101% of our and Street full-year projections.
• - Read this at SGinvestors.io -

Results overview.

• Read more at SGinvestors.io.

Above is an excerpt from a report by RHB Securities Research.
Clients of RHB may be the first to access the full PDF report @ https://www.rhbtradesmart.com/.

Previous report by RHB:
2025-11-11 Riverstone - Cooling Off After The Rally; Downgrade To NEUTRAL.

Price targets by other brokers at Riverstone Target Prices.

Listing of research reports at Riverstone Analyst Reports.

Relevant links:
Riverstone Share Price History,
Riverstone Announcements,
Riverstone Dividend Payout Dates & Corporate Actions,
Riverstone News