It added the average selling price of the Riverstone’s healthcare examination gloves has maintained its “upward momentum” since June 2020, and its high-tech cleanroom gloves have also experienced “strong volume growth” and several increases in average selling price during this period due to robust demand.
Riverstone Holdings has reported a 3Q20 revenue figure of RM482.3 million ($157.2 million) for 3Q2020, a jump of 92% as compared to the same period last year.
The company said this is due to the surge in global demand for personal protection equipment amid the Covid-19 pandemic.
