SINGAPORE (May 22): With margins under pressure at Riverstone Holdings, analysts say growth recovery would only be seen after 1Q19 given its expansion plans are on track. In 1Q19, Riverstone reported revenue grew 14.6% on the back of a higher annual glove capacity of 9 billion from a year ago. Howe...

SINGAPORE (May 13): Riverstone Holdings, the manufacturer of specialised cleanroom and healthcare gloves, saw its earnings fall 2.8% to RM30.2 million for the 1Q19 ended March, from RM31.1 million a year ago, on the back of lower gross profit margin. Earnings per share (EPS) slipped to 4.08 sen for...

SINGAPORE (Feb 25): Malaysia-based glove manufacturer Riverstone Holdings has reported earnings of 32.9 million ringgit for the 4Q18 ended December, 1.2% higher than earnings of 32.5 million ringgit a year ago. The increase was mainly due to a 74.4% drop in other operating expenses to 1.3 million r...