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Riverstone Books Higher H1 Profit; Revenue Down 3%

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Riverstone's (SGX:AP4) attributable profit to equity holders rose during the first half of the year to 106.9 million ringgit from 101.8 million ringgit a year earlier, according to a Wednesday filing with the Singapore Exchange.

Earnings per share came in at 0.0721 ringgit, compared with 0.0687 ringgit in the year-ago period.

Revenue fell 3.2% to 480.9 million ringgit year over year to 497.1 million ringgit.

The cleanroom and healthcare gloves manufacturer declared an interim dividend of 0.05 ringgit per share during the period, down from 0.055 ringgit in the prior period.

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