The Business Times

Riverstone holdings

Companies & Markets

Riverstone Q2 earnings fall 37.4% to RM45.4 million

Executive chair and chief executive Wong Teek Son said: “While the shift in product mix has led to near-term margin compression, we are committed to pushing out customised products in both business segments.”
Companies & Markets

Riverstone Q1 profit slides 21.8% to RM56.4 million despite higher revenue

Top Glove said the 24 per cent tariff is “relatively favourable” compared to peers.
Consumer & Healthcare

Malaysian glove makers will likely stay afloat in Trump tariff tsunami, but face being priced out in non-US markets

Riverstone chief Wong Teek Son noted that the company has phased out some of its ageing lines.
Companies & Markets

Riverstone posts 3.7% Q4 profit rise, proposes special dividend amid semicon recovery

The glove companies’ financial results have generally improved since the start of 2024, as customers looked to replenish their inventories after depleting their stockpiles from the Covid-19 pandemic.
Consumer & Healthcare
OUTLOOK 2025

Malaysian glove makers poised for US growth but broader tariffs may upend optimism

Wong Teek Son, CEO of Riverstone, notes that the company is adding on six new cleanroom production lines to cater to the growing demand from the semiconductor and electronics sector.
Companies & Markets

Riverstone Q3 earnings rise 21.8% to RM72.2 million

Wong Teek Son, founder and CEO of Riverstone Holdings, says the company is well-positioned to meet the growing demand of gloves.
Companies & Markets

Riverstone H1 net profit up 54.6% as demand for gloves recovers

The Malaysian glovemaker posts a net profit of RM50.7 million (S$14.5 million) for the three months ended May 31, versus a loss of RM130.6 million in the previous corresponding period.
Companies & Markets

Hot stocks: Glove makers rally after Top Glove reports turnaround in Q3

Mr Wong Teek Son, founder and CEO Riverstone Resources.
Companies & Markets

Riverstone’s Q1 2024 net profit rises 54.5% to RM72.2 million

Mr Wong Teek Son, founder and CEO Riverstone Resources.
Consumer & Healthcare

Riverstone’s Q4 net profit rises 60.7% to RM67.5 million; recommends special dividend

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