Brief: Stella International Sees Decrease In FY Net Profit

Stella International Holdings

14/01/2021 10:23

Jan 14 (Reuters) - Stella International Holdings Ltd
 1836.HK :
    * SEES NET PROFIT WITHIN RANGE OF US$0 MILLION TO US$5
MILLION FOR
YEAR
    * EXPECTED RESULT DUE TO DECREASE IN SHIPMENT VOLUMES DURING
YEAR
    * SHIPMENT VOLUME FOR THREE MONTHS ENDED 31 DEC DECLINED BY
21.7%
    * STILL HAS LOW VISIBILITY FOR SECOND HALF OF 2021 DUE TO
RECENT
COVID-19 DRIVEN LOCKDOWNS IN MANY COUNTRIES
    * QTRLY CONSOL REVENUE DOWN 18.9% TO ABOUT US$280.1 MILLION

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