Riverstone

Some regional publicly-listed glovemakers have experienced significant share price movements since the spread of the new strain.

Meaningful demand recovery and pick-up in ASPs would propel glove makers' profitability in 2024.

The analyst expects sales volumes to pick up sequentially by 2H2024, leading to an improvement in glove makers’ profitability.

The anticipated normalisation of earnings for the rubber products sector has begun, says analyst Sean Chew.

Analysts have maintained their “buy” and “add” calls on Riverstone Holdings, but with lower target prices.

The gloves market have been boosted this year due to the pandemic, and momentum for glove makers could continue into next year.

Cleanroom product manufacturer Riverstone Holdings receives another clean bill of health with a rosy outlook ahead, owing to strong demand in the face of Covid-19.

SINGAPORE (Sept 6): DBS expects August’s market choppiness to continue into September over uncertainty policy actions over central banks, the risk of escalating geopolitical tensions in the Korean peninsula plus a lacklustre 2Q results season.

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SINGAPORE (Feb 22): Riverstone Holdings, the manufacturer of specialised cleanroom and healthcare gloves, reported a 4.9% fall in FY16 earnings to RM120.4 million ($38.3 million) from a year ago due to higher raw material prices and less favourable foreig