SINGAPORE (Feb 25): Malaysia-based glove manufacturer Riverstone Holdings has reported earnings of RM32.9 million for the 4Q18 ended December, 1.2% higher than earnings of RM32.5 million a year ago.
The increase was mainly due to a 74.4% drop in other operating expenses to RM1.3 million, from RM5.0 million a year ago, due to lower net foreign exchange loss and fair value loss on derivatives.
This brings full-year earnings for FY18 to RM129.7 million, growing 1.6% from... (Click here to read the full story)