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Riverstone Holdings
Broker's Calls
CGS International upgrades Riverstone Holdings to ‘add’ as it sees better prospects in FY2025
Analyst Ong Khang Chuen increased his target price to $1.10 from 95 cents previously after Riverstone’s 3QFY2024 results.
13 days ago
Billion Dollar Club 2024
Tianjin Pharmaceutical tops sector; Haw Par and Riverstone named as well
Despite the relatively low profile, Tianjin Pharmaceutical's improved earnings have earned recognition from investors
16 days ago
Results
Riverstone reports 3QFY2024 net profit of RM72.2 mil, up 21.8% y-o-y
Earnings per share stood at 4.87 sen, up from 4 sen in 3QFY2023.
17 days ago
Broker's Calls
Glove-maker Riverstone to benefit from recovering semiconductor sales, US-China tariffs: RHB
That said, RHB Bank Singapore analysts have trimmed their target price on Riverstone.
October 08, 2024
Results
Riverstone posts 54.6% increase in 1HFY2024 earnings to $144.7 mil
Riverstone Holdings recorded earnings of RM144.7 million ($42.9 million), 54.6% higher than RM93.6% in the previous year.
August 06, 2024
Broker's Calls
Growth set to accelerate, RHB maintains 'overweight' on rubber products with Riverstone as top pick
Meaningful demand recovery and pick-up in ASPs would propel glove makers' profitability in 2024.
June 18, 2024
Broker's Calls
Analysts maintain ‘buy’ call on Riverstone after 1QFY2024 results
Analysts maintain ‘buy’ call on Riverstone after 1QFY2024 results
May 13, 2024
Results
Riverstone reports higher 1QFY2024 earnings on better margin mix
Riverstone plans to pay an interim dividend of 4 sen, equivalent to a payout ratio of 82.1%
May 09, 2024
Broker's Calls
RHB stays ‘overweight’ on rubber products sector with Riverstone as top pick
The analyst expects sales volumes to pick up sequentially by 2H2024, leading to an improvement in glove makers’ profitability.
April 02, 2024
Billion Dollar Club 2023
Riverstone focuses on cleanrooms; Hyphens Pharma rides dual growth
Riverstone cautions that the market for healthcare gloves might see consolidation in the coming years because of overcapacity.
November 09, 2023