Among glove makers, Riverstone has most attractive margins

Top Glove, despite being world's largest glove manufacturer, had the lowest profit margins and returns within peer group BT analysed

Tay Peck Gek

Published Wed, Mar 30, 2022 · 05:50 AM

Gloves

Singapore

THE prospect of relaxed Covid-19 restrictions has driven down the share prices of most glove makers so far this year. Top Glove Corporation, for instance, is down 23.4 per cent and UG Healthcare Corporation has also lost 23.4 per cent of its value.

Riverstone Holdings, however, stands out with a 39.3 per cent gain. Could the market be anticipating this company to win when its peers are losing?

KEYWORDS IN THIS ARTICLE

ug healthcare

top glove

Riverstone holdings

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Companies & Markets

Among glove makers, Riverstone has most attractive margins

Tay Peck Gek

KEYWORDS IN THIS ARTICLE

Companies & Markets

Carnival’s Princess brand revises 2025 world cruise routes amid Red Sea tensions

Google to pay up to US$6 million to News Corp for new AI content, The Information reports

Restaurant Brands tops estimates as Burger King overhaul pays off

Yen falls after suspected intervention on Monday; eyes on Fed

US: Wall St opens lower on labour costs data

TikTok shop tops 500,000 US sellers after 2023 e-commerce launch

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