Riverstone's 3Q Results Likely Improved on Quarter -- Market Talk

Dow Jones

10/10

0040 GMT - Riverstone's 3Q results likely improved sequentially on higher demand and softer input costs, says UOB Kay Hian's Heidi Mo in a note. The Singapore-listed glove maker has projected sales volume of its cleanroom gloves to rise 10% on quarter, driven by robust demand from semiconductor and AI-related data storage industries, Mo notes. The average selling prices of these gloves are stable while material costs have softened, which could boost margins in 3Q, she says. Riverstone's dividends are likely to remain attractive with a projected 7.3% dividend yield in 2026, the analyst adds. UOB KH lifts its rating on the stock to buy from hold and raises its target to S$0.98 from S$0.71. Shares last closed 2.4% lower at S$0.805.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

October 09, 2025 20:40 ET (00:40 GMT)

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The Singapore-listed glove maker has projected sales volume of its cleanroom gloves to rise 10% on quarter, driven by robust demand from semiconductor and AI-related data storage industries, Mo notes. The average selling prices of these gloves are stable while material costs have softened, which could boost margins in 3Q, she says. Riverstone's dividends are likely to remain attractive with a projected 7.3% dividend yield in 2026, the analyst adds. UOB KH lifts its rating on the stock to buy from hold and raises its target to S$0.98 from S$0.71. Shares last closed 2.4% lower at S$0.805.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 09, 2025 20:40 ET (00:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Riverstone's 3Q Results Likely Improved on Quarter -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRiverstone's 3Q Results Likely Improved on Quarter -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\" \">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time smaller\">2025-10-10 08:40</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0040 GMT - Riverstone's 3Q results likely improved sequentially on higher demand and softer input costs, says UOB Kay Hian's Heidi Mo in a note. The Singapore-listed glove maker has projected sales volume of its cleanroom gloves to rise 10% on quarter, driven by robust demand from semiconductor and AI-related data storage industries, Mo notes. The average selling prices of these gloves are stable while material costs have softened, which could boost margins in 3Q, she says. Riverstone's dividends are likely to remain attractive with a projected 7.3% dividend yield in 2026, the analyst adds. UOB KH lifts its rating on the stock to buy from hold and raises its target to S$0.98 from S$0.71. Shares last closed 2.4% lower at S$0.805.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 09, 2025 20:40 ET (00:40 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0516423091.SGD","symbol_name":"FULLERTON LUX FUNDS - ASIA FOCUS EQUITIES \"I\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2574116079","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2574116079","pubTimestamp":1760056800,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0040 GMT - Riverstone's 3Q results likely improved sequentially on higher demand and softer input costs, says UOB Kay Hian's Heidi Mo in a note. The Singapore-listed glove maker has projected sales volume of its cleanroom gloves to rise 10% on quarter, driven by robust demand from semiconductor and AI-related data storage industries, Mo notes. The average selling prices of these gloves are stable while material costs have softened, which could boost margins in 3Q, she says. Riverstone's dividends are likely to remain attractive with a projected 7.3% dividend yield in 2026, the analyst adds. UOB KH lifts its rating on the stock to buy from hold and raises its target to S$0.98 from S$0.71. 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The Singapore-listed glove maker has projected sales volume of its cleanroom gloves to rise 10% on quarter, driven by robust demand from semiconductor and AI-related data storage industries, Mo notes. The average selling prices of these gloves are stable while material costs have softened, which could boost margins in 3Q, she says. Riverstone's dividends are likely to remain attractive with a projected 7.3% dividend yield in 2026, the analyst adds. UOB KH lifts its rating on the stock to buy from hold and raises its target to S$0.98 from S$0.71. Shares last closed 2.4% lower at S$0.805.(megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 09, 2025 20:40 ET (00:40 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}