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
