BILLION DOLLAR CLUB: AUTOMOBILES & AUTO PARTS + TRANSPORTATION Jardine Cycle & Carriage (Jardine C&C) has emerged as the overall winner in this year’s Billion Dollar Club for the Automobiles & Auto Parts + Transportation sector. It came out tops for two of the t...

About the Billion Dollar Club The Edge Singapore Billion Dollar Club recognises excellence in companies listed on the Singapore Exchange with at least $1 billion in market capitalisation. The billion-dollar cutoff also serves as an aspirational target for dynamic smaller companie...

Globally, the focus on environmental, social and governance (ESG) considerations has been gathering momentum. Indeed, given increased scrutiny from consumers, regulators and market players, companies can no longer push ESG matters to the backburner or have it as an ancillary topic...

GLOVE maker Sri Trang Gloves Thailand recorded a net profit of 1.67 billion baht (S$64.8 million) for the first fiscal half ending Jun 30, down 90.4 per cent from the 17.33 billion baht the company posted in the same period a year ago.

RUBBER company Sri Trang Agro-Industry (STA) on Wednesday (Aug 10) announced earnings of 1.14 billion baht (S$44.3 million) for the second quarter ended June, down 77.4 per cent from earnings of 5.04 billion baht in the corresponding quarter a year ago.

As Nio moves into Singapore for its second secondary listing, The Edge Singapore explores the difference between a primary listing and secondary listing, as well as Singapore’s secondary listing market.According to local bourse Singapore Exchange (SGX), the regulatory approach for primary and seco...

WHEN many companies suffered during the Covid-19 pandemic, Sri Trang Gloves - the largest manufacturer of medical rubber gloves in Thailand - was doing a roaring trade.

By the end of 2022, Sri Trang expects to complete 16 of these production lines, representing a capacity of 5.8 billion gloves.Its annual installed production capacity is expected to reach 48 billion pieces.Environmental focusThe new facility in Chumphon has implemented a new water recycling system t...

The pace of new listings, which was largely staid for the better part of the year, has picked up as 2021 draws to a close, and the industry is looking forward to the momentum being carried forward into the new year. “It is hoped that the new framework on Special Purpose Acquisition Companies (Spac...

THE following companies saw new developments that may affect trading of their securities on Tuesday (Nov 9):

SRI Trang Gloves Thailand (STGT) recorded a net profit of 4.53 billion baht (S$185.2 million) for the third quarter ended Sep 30, 2021, up 3 per cent from the 4.40 billion baht the company posted in the same period a year ago.

Sri Trang Gloves (Thailand) posted net profit of THB 4,532.8 million ($185.28 million) for 3QFY2021 ended Sept 30, up 2.9% y-o-y but down 37.7% q-o-q. Revenue for the quarter came in at THB 10,864.0 million ($444.08 million), growing 32.6% y-o-y but decreasing 16.2% q-o-q. Net profit margin of 41....

Sri Trang Agro Industry said that its subsidiary Sri Trang Rubber and Plantation has received a license in Thailand to grow hemp, a form of cannabis. The license, awarded by the Food and Drug Administration, falls under the so-called narcotics of category 5. The company is listed in both Thailand ...

THE rollout of vaccines for Covid-19 has cut both the "urgent demand" for and the average selling prices (ASPs) of rubber gloves. Yet Jarinya Jirojkul, chief executive of Sri Trang Gloves Thailand (STGT), said the glove maker is pressing on with its expansion plans with the expecta...

THE following companies saw new developments that may affect trading of their securities on Tuesday: