Brief: Stella International Posts Unaudited Consol Revenue Up About 58.1% To US$392.1 Mln For Qtr

Stella International Holdings

15/07/2021 11:33

July 15 (Reuters) - Stella International Holdings Ltd
 1836.HK :
    * UNAUDITED CONSOLIDATED REVENUE INCREASED BY ABOUT 58.1% TO
US$392.1 MILLION FOR QUARTER
    * CAUTIOUSLY OPTIMISTIC ABOUT ORDERS IN H2 WITH PACE OF
VOLUME AND
REVENUE RECOVERY LIKELY TO MODERATE
    * SEES NET PROFIT OF NOT LESS THAN US$30 MILLION FOR SIX
MONTHS
    * SHIPMENT VOLUMES IN THREE MONTHS INCREASED BY ABOUT 54.3%
    * EXPECTED RESULT DUE TO  REVENUE AS A RESULT OF ORDER
RECOVERY
FROM LOW BASE IN FIRST HALF

Source text for Eikon:  ID:nHKSbWwQRP 
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 ((Reuters.Briefs@thomsonreuters.com;))