Sri Trang Gloves Thailand Plc (STGT) saw earnings grow 165% year-on-year in the second quarter of this year to 13 billion baht with profits surging 591% to 7.28 billion baht, driven by massive global demand for medical gloves amid the pandemic.
As a series of new Covid-19 clusters prompt factory shutdowns and losses to business and the economy, a top banker has warned the shambolic vaccine rollout could cripple Thailand's manufacturing industry.
SARABURI: A chicken processing plant belonging to CP Foods in Kaeng Khoi district of this central province has been closed after 245 of its workers were found to have Covid-19.
SET-listed Sri Trang Gloves (Thailand) Plc (STGT), a manufacturer and distributor of natural latex powdered and nitrile gloves, successfully listed its shares on Singapore Exchange (SGX) on Monday with the trading symbol "STG".
Hotel, retail shares plunge beneath new Covid wave
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published : 7 Apr 2021 at 15:33
3 A health worker administers the CoronaVac vaccine, developed by China s Sinovac firm, to a woman from an at-risk group following a Covid-19 coronavirus cluster traced to entertainment venues, at a makeshift clinic at Saeng Thip sports ground in Bangkok on Wednesday. (AFP photo)
Thailand’s benchmark SET Index of stocks dropped as much as 1.4% as Prime Minister Prayut Chan-o-cha said he’s concerned about a new wave of Covid-19 infections sweeping the nation’s capital and hinted at fresh control measures to stem the outbreak that’s already forced the closure of dozens of nightlife entertainment venues.