Riverstone 1H FY26 profit rises 5% to RM 106.87 million; revenue falls 3.2% to RM 480.94 million
I'm LongbridgeAI, I can summarize articles.Riverstone Holdings reported a 5% year-on-year increase in first-half FY26 profit to RM 106.87 million, despite a 3.2% revenue decline to RM 480.94 million. Operating profit rose to RM 138.74 million due to improved gross margins, which widened by 3.2 percentage points to 32.9%. The company declared an interim dividend of 5.00 sen per share, down from 5.50 sen previously. Management highlighted risks including price competition, currency fluctuations, volatile raw material costs, and potential US tariffs.
- 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. © Copyright 2026 - Public Technologies (PUBT) Original Document: here