Riverstone Holdings

CoVid-19

Healthcare and glove stocks march on as Wuhan virus continues spread, claims higher deaths

SINGAPORE (Jan 28): Glove manufacturers and healthcare stocks listed on the Singapore Exchange continued their ascent today as the spread of the coronavirus originating from Wuhan included more cou

CoVid-19

Singapore confirms first case of Wuhan virus. Here's what investors need to know

SINGAPORE (Jan 24): Singapore’s stock market is expected to be rattled on Friday, after the Asian financial hub on Thursday evening announced its first confirmed case of the deadly Wuhan virus that

Results

Riverstone reports 2.8% decline in 1Q earnings to $6.5 mil on lower margins

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

Results

Riverstone posts 1.2% rise in 4Q earnings to $10.9 mil

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 ringgi

Broker's Calls

Future growth intact for Riverstone despite poor 3Q results

SINGAPORE (Nov 5): Riverstone on Nov 1 announced a 6.5% drop in 3Q18 earnings to RM32.1 million ($10.6 million) from RM34.3 million in 3Q17, due to higher cost of sales.

US hygiene push could fuel a rubber glove boom half a world away

(Aug 30): More stringent hygiene in US hospitals and labs could boost sales for Malaysian rubber glovemakers who produce three out of every five pairs used in the world.

Broker's Calls

Riverstone Holdings on track to raise production capacity

SINGAPORE (Aug 20): CGS-CIMB is maintaining its “add” call on Malaysia-based glove manufacturer, Riverstone Holdings, with a target price of $1.30.

Broker's Calls

Riverstone still in growth mode: DBS

SINGAPORE (Aug 8): DBS is maintaining its “buy” recommendation on Riverstone Holdings as the research house believes the group can outperform its peers as it ramps up on its incoming cleanroom glov

Broker's Calls

Riverstone kept at 'buy' by CGS CIMB as it gradually shifts costs

SINGAPORE (May 14): CGS CIMB Securities is maintaining its “add” recommendation on Riverstone Holdings with a target price of $1.28.

Results

Riverstone sees 7.6% drop in 1Q earnings to $10.5 mil on lower margins

SINGAPORE (May 8): Cleanroom and healthcare gloves manufacturer Riverstone Holdings posted a 7.6% decline in earnings to 31.1 million ringgit ($10.5 million) for the 1Q ended March, from 33.6 milli

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