Riverstone 1H FY26 profit rises 5% to RM 106.87 million; revenue falls 3.2% to RM 480.94 million
Reuters2026/08/12 12:51- 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: 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.
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