Riverstone 1H FY26 profit rises 5% to RM 106.87 million; revenue falls 3.2% to RM 480.94 million
Reuters2026/08/12 12:51Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Riverstone posted 1H profit attributable to shareholders of RM 106.87 million, up 5% from a year earlier.
- Revenue slipped 3.2% to RM 480.94 million; operating profit rose to RM 138.74 million from stronger gross margin.
- Gross margin widened 3.2 percentage points to 32.9% on improved average selling price.
- Interim dividend declared at 5.00 sen (RM) per share, down from 5.50 sen (RM) a year earlier.
- Management flagged price competition, currency swings, volatile raw materials, higher production costs, and potential US tariffs as key risks.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Riverstone Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 7QPW3E4Z3Q9ICKWX) on August 12, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Renewal Fuels Q2 FY26 net loss widens to $1.28 million; revenue turns to $58,000
Reuters•2026/08/12 17:32
Entegris SVP Global Human Resources Susan G. Rice sells 2,062 shares worth $308,706.24
Reuters•2026/08/12 17:30
Crypto prices
MoreBitcoin
BTC
$63,364.33
-0.20%
Ethereum
ETH
$1,884.87
+1.13%
Tether USDt
USDT
$0.9989
-0.02%
USDC
USDC
$0.9998
+0.00%
XRP
XRP
$1.01
-0.63%
Solana
SOL
$75.71
+0.95%
TRON
TRX
$0.3357
+0.32%
Hyperliquid
HYPE
$56.56
+4.94%
Dogecoin
DOGE
$0.07063
-0.20%
Zcash
ZEC
$494.13
+4.63%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now