Stella’s 2024 Net Profit Up 21%, Exceeding Targets of Three-Year Plan Once Again
- Written by The Bulletin
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.
Read more: Stella’s 2024 Net Profit Up 21%, Exceeding Targets of Three-Year Plan Once Again
