Brief: Stella International Holdings Sees Net Loss For Six Month Vs Profit

Stella International Holdings

16/07/2020 11:32

July 16 (Reuters) - Stella International Holdings Ltd
 1836.HK :
    * EXPECTS THAT A NET LOSS MAY BE RECORDED FOR SIX MONTH
VERSUS
PROFIT
    * QTRLY UNAUDITED CONSOLIDATED REVENUE DECREASED BY 43.4% TO
ABOUT
US$248.0 MILLION
    * EXPECTED RESULT DUE TO SIGNIFICANT DECREASE IN SHIPMENT
VOLUMES
    * WILL PROCEED WITH PLAN TO SET UP NEW FACTORY IN INDONESIA
IN
SECOND HALF OF 2020

Source text for Eikon:  ID:nHKS7Psyz0 
Further company coverage:  1836.HK 

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