Home Capital Results

Riverstone reports 656.8% earnings jump

The Edge Singapore
The Edge Singapore8/5/2021 11:35 PM GMT+08  • 1 min read
Riverstone reports 656.8% earnings jump
Riverstone is expanding its capacity to 15 billion pieces per year by FY2023.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Glovemaker Riverstone Holdings has reported earnings of RM1.04 billion for 1HFY2021, up 656.8% y-o-y.

Revenue in the same period was up 222.2% y-o-y to RM2 billion, with demand for gloves shooting up amid the pandemic.

The company plans to reward shareholders with an interim dividend of 10 sen, versus four sen paid this time last year.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.