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Riverstone's Q3 net profit soars 400% to RM178.6m

Published Mon, Nov 9, 2020 · 09:50 PM

Singapore

MALAYSIAN glove maker Riverstone Holdings on Monday posted a net profit of RM178.6 million (S$58.2 million) for its third quarter ended Sept 30, 2020, a 400 per cent jump from RM35.6 million in Q3 2019, unhampered by rising packaging and raw material costs.

Revenue rose 92 …

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