https://www.klsescreener.com/v2/news/view/677791/separating-the-wheat-from-the-chaff

Riverstone (SGX-listed Malaysia's No.5 gloves producer) quarterly result is out.

PBT and Net Profit up more than 50%. Looking at the result, I think the ASP are up by a lot and also the raw material cost decreased significantly. All the gloves producers in Malaysia should do very well in their coming quarter, especially those with spare capacity to ramp up their production.

Financial Highlights
RM million 1Q2020 1Q2019 Change (%)
Revenue 279.4 240.5 16.2
Gross Profit 67.1 46.6 44.0
Profit Before Tax 58.0 35.6 62.9
Net Profit to Equity Holders 46.6 30.2 54.3

http://riverstone.listedcompany.com/news.html/id/776476

Riverstone (SGX-listed Malaysia's No.5 gloves producer) quarterly result is out.

PBT and Net Profit up more than 50%. Looking at the result, I think the ASP are up by a lot and also the raw material cost decreased significantly. All the gloves producers in Malaysia should do very well in their coming quarter, especially those with spare capacity to ramp up their production.

Financial Highlights
RM million 1Q2020 1Q2019 Change (%)
Revenue 279.4 240.5 16.2
Gross Profit 67.1 46.6 44.0
Profit Before Tax 58.0 35.6 62.9
Net Profit to Equity Holders 46.6 30.2 54.3

http://riverstone.listedcompany.com/news.html/id/776476

hi Choivo, thanks for writing the article i found it very useful, in fact i am trying to open an account with them now. I have a few questions, in the application the use 'First Name, Last Name' order but our naming system is the opposite. What is the format you submitted in your application? Did you encounter any problem with the identity verification process? Did you encountered any problems with transferring and receiving funds, since our banks in Malaysia and Singapore using 'last Name, first Name' format that will be different from InteractiveBrokers or TradeStation's record?