Floating Button
Home Capital Results

Riverstone Holdings' earnings surges by 396.3% in FY2020; declares a total of 22 sens in dividends for the year

Amala Balakrishner
Amala Balakrishner • 3 min read
Riverstone Holdings' earnings surges by 396.3% in FY2020; declares a total of 22 sens in dividends for the year
On a fully diluted basis, Riverstone's earnings per share was 43.67 sens in FY2020, versus 8.80 sens in FY2019.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Glove manufacturer Riverstone Holdings posted earnings of RM331.1 million ($108.5 million) in its 4Q2020 ended December, up from RM32.1 million in the previous year.

This follows a surge in its revenue to RM720.8 million in 4Q2020 from RM257.4 million in the year before that comes from the heightened demand for personal protective gear.

For its full-year ended December 2020, Riverstone’s earnings soared by some 396.3% to RM647.3 million, from RM130.4 million in 2019.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.