Brief: Stella International posts FY net profit of $81.6 mln

Stella International Holdings

16/03/2017 08:34

March 16 (Reuters) - Stella International Holdings Ltd 
 1836.HK : 
    * Consolidated revenue for year ended 31 December 2016 fell 
12.4% to US$1,550.9 million 
    * Board recommended payment of a final dividend of HK30 
cents per ordinary share 
    * FY profit for year attributable $81.6 million versus $121 
million 
    * "Expect our capital requirements to remain modest in 
coming year" 
    * Also continue to expect more demand for Athleisure 
products in 2017 
    * Sees demand for footwear products stabilising in the first 
half of 2017,due to continued economic recovery in united states 
 
Source text for Eikon:  ID:nHKS7tVwVc  
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