The company attributes the better bottom line to a more favourable product mix sold.
Glove maker Riverstone Holdings (SGX:AP4
) has reported revenue of RM249.5 million for its 1QFY2024, up 4.8% y-o-y, as demand increases from end users from the semiconductor and consumer electronics industries.
However, earnings in the same period jumped 54.5% y-o-y to RM72.7 million - marking its fifth consecutive quarter of sequential growth.
