Brief: Stella International HY Revenue Increased By 36%

Stella International Holdings

19/08/2021 12:17

Aug 19 (Reuters) - Stella International Holdings Ltd
 1836.HK :
    * STELLA INTERNATIONAL -  HY REVENUE INCREASED BY 36% TO
US$695.5
MILLION
    * STELLA INTERNATIONAL-  DECLARED INTERIM DIVIDEND OF HK21
CENTS
PER SHARE
    * STELLA INTERNATIONAL - HY NET PROFIT US$32.2 MILLION
VERSUS LOSS
US$5.2 MILLION
    * STELLA INTERNATIONAL - EXPECT OUR VOLUME TO CONTINUE
REBOUNDING
IN H2 2021
    * STELLA INTERNATIONAL - CONTINUING TO PRIORITISE MARGIN
IMPROVEMENT AND STEADY VOLUME GROWTH
    * STELLA INTERNATIONAL - HAVE INITIATED PLANS TO STEADILY
INCREASE
OUR CAPACITY IN LINE WITH DEMAND
    * STELLA INTERNATIONAL - NEW FACTORY IN INDONESIA WILL START
OPERATIONS IN Q3 2021, EXPECTED TO CONTRIBUTE TO OVERALL SALES
IN 2022
    * STELLA INTERNATIONAL - YEAR-ON-YEAR COMPARISON OF QTRLY
SHIPMENT
VOLUMES FOR REST OF 2021 MAY BE UNEVEN DUE TO SIGNIFICANT IMPACT
COVID-19 PANDEMIC
    * STELLA INTERNATIONAL - RECENT WAVE OF NEW INFECTIONS IN
SOUTHEAST ASIA COULD POTENTIALLY IMPACT PRODUCTION AND SUPPLY
CHAIN

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