is entering its fourth week in what will go down in history as the biggest unrest in Europe since World War II.
China Mengniu’s liquid milk products division, which makes up 85% of total revenue, registered a rise in revenue from RMB 32.6 billion in 1H2020 to RMB 39.4 billion in 1H2021.With milk and dairy products being necessities, the company is unlikely to see a fall in demand, making it a solid stock to own to tide over the volatility.Starbucks is a coffee chain that has grown over the years and the company now has more than 34,000 stores worldwide.
The momentum has carried forward to the first quarter of 2022 as revenue jumped by 19% year on year to US$8.1 billion and Starbucks Rewards membership in the US grew 21% year on year to 26.4 million.Riverstone is a manufacturer of nitrile and natural rubber gloves that are used in the healthcare and semiconductor industries.
CEO Wong Teek Son is confident that the group’s cleanroom segment will provide resilience even as demand wanes for healthcare gloves as vaccination rates rise around the world.Boustead Singapore Limited, or BSL, is an engineering conglomerate with four divisions — energy-related engineering, real estate solutions, geo-spatial, and healthcare.However, net profit after adjustments for one-off items declined by 24% year on year to S$19 million.