Brief: Stella International announces update on business development for Q4 2015

Stella International Holdings

15/01/2016 08:38

Jan 15 (Reuters) - Stella International Holdings Ltd  1836.HK : 
 * Stella holdings-business update of the group for the fourth quarter of 2015 
 * "Group's retail business in China will continue to face a difficult operating 
environment in 2016" 
 * Expects to be affected by reduced confidence among some customers after 
disappointing year for many parts of retail industry 
 * Says retail business in China will continue to face a difficult operating 
environment in 2016 
 * Continues to expect pick-up in orders, improved utilisation at its production 
facilities in inland China and south-east Asia 
 * Qtrly unaudited consolidated revenue of co's manufacturing business, China 
retail business was about US$396.6 million & US$1.76 billion respectively 
 
  Source text for Eikon  ID:nHKS10zdff  
 
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