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Stella International Reports Strong Financial Growth in 2024

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Stella International Reports Strong Financial Growth in 2024

Stella International Holdings Limited ( (HK:1836) ) just unveiled an announcement.

Stella International Holdings Limited announced its annual results for the year ended December 31, 2024, showcasing significant financial growth. The company reported an 8.2% increase in shipment volumes and a 15.7% rise in operating profit, reaching US$184.5 million. The net profit surged by 21.2% to US$170.1 million, supported by a solid net cash position of US$417.6 million, marking a 45.3% increase from the previous year. The company also recommended a final dividend of HK50 cents per share and a special dividend of HK56 cents per share, subject to shareholder approval, reflecting its strong financial performance and commitment to returning value to shareholders.

More about Stella International Holdings Limited

Stella International Holdings Limited operates in the footwear industry, focusing on the design, development, and manufacturing of quality footwear products. The company serves a global market, catering to various well-known brands and retailers.

YTD Price Performance: 12.26%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.9B

Learn more about 1836 stock on TipRanks’ Stock Analysis page.

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