The group’s revenue for the reporting period came in 1.1% y-o-y higher to RM252.3 million. This was driven by higher sales volume for healthcare gloves and a stable contribution from the cleanroom segment. However, on a q-o-q basis, revenue decreased 9.3%.
Glovemaker Riverstone Holdings (SGX:AP4
) has reported a lower net profit of RM56.4 million ($17.20 million) for the 1QFY2025 ended March 31, 2025, down 21.8% y-o-y.
Earnings per share for 1QFY2025 came in at 3.81 sens, down 21.8% y-o-y.
