04 August 2014

Riverstone Quarterly Report Media Release - August 2014

My Notes

Riverstone is one of the companies in Singapore stock exchange that can make a good ROE. In term of outlook, the company is on track to expand the production by adding 1.0 billion gloves to their total annual production capacity of 4.2 billion gloves by 31 December 2014. It means that the revenue and net profit might increase by at least 20% next year once full production is in place.

The risk explained by the company here is fluctuation of the commodity prices and US currency which I believe it is manageable by hedging activities.

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