Stella International Holdings ( (SLNLF) ) has released its Q4 earnings. Here is a breakdown of the information Stella International Holdings presented to its investors.
Stella International Holdings Limited is a prominent footwear manufacturer known for its high-quality craftsmanship, operating primarily in the manufacturing sector with a focus on footwear and handbags. The company has a diverse manufacturing base across Asia, including Vietnam, China, Indonesia, and Bangladesh.
Stella International Holdings has reported a strong financial performance for the year ended December 31, 2024, with significant increases in shipment volumes, operating profit, and net profit. The company has also maintained a solid net cash position and announced a substantial dividend payout.
Key financial highlights include an 8.2% increase in shipment volumes, a 15.7% rise in operating profit to US$184.5 million, and a 21.2% increase in net profit to US$170.1 million. The company also reported a 3.5% increase in revenue to US$1,545.1 million and improved its operating profit margin to 11.9%. Additionally, Stella International has recommended a final dividend and a special dividend, reflecting its strong cash position.
Looking ahead, Stella International remains optimistic despite potential macroeconomic challenges, expecting continued growth in its Sports segment and high-end Fashion segment. The company plans to focus on quality growth and further expansion of its production facilities in Indonesia and Bangladesh, aiming to maintain its operating margin and profit growth targets as outlined in its Three-Year Plan.
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