Riverstone Holdings Limited was started in 1989. It manufactures healthcare gloves, nitrile gloves, finger cots, face masks, and packing bags. Most of its products are used in industries like healthcare, semiconductors, manufacturing, biotechnology and pharmaceutical.
Its share price rose from SGD 0.225 per share in 2013 to about SGD 1.04 per share at the time of writing, a CAGR of 35.8% over 4 years. The share price has gone up substantially due to increase in the company’s net profit.
Here are 5 Quick Things To Know About Riverstone Holdings.
1. Growth History
The company earned a net profit of RM 58 million in 2013 and grew to RM 129 million in 2017, a CAGR of 22%.
The company reported a remarkable growth in the year 2015.
It earned RM 560 million in revenue, a 40% increase from 2014, which is RM 399 million. Its net profit rose from RM 71 ......