Asian Spectator


The Times

.

Stella’s 2024 Net Profit Up 21%, Exceeding Targets of Three-Year Plan Once Again

Full-Year Dividend Rises to HK171 Cents, Inclusive of Special Dividend of HK56 Cents Distributed under Excess Cash Return Program

Highlights:

  • Shipment volumes increased by 8.2%
  • Operating profit increased by 15.7% to US$184.5 million
  • Operating profit margin increased to 11.9%, from 10.7% last year
  • Net profit increased by 21.2% to US$170.1 million
  • Solid net cash position of US$417.6 million, representing an increase of 45.3% compared to US$287.4 million as at 31 December 2023
  • Recommended payment of final dividend of HK50 cents per share and an additional special dividend of HK56 cents per share under our Excess Cash Return Program.

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