STELLA HOLDINGS (01836) announced its interim results, with shareholders' net profit of $64.04 million, a decrease of 18.6% year-on-year.

STELLA HOLDINGS (01836) reported its results for the six months ending June 30, 2026, with revenue of $787 million, a year-on-year increase of 1.5%; profit attributable to the company's shareholders was $64.04 million, down 18.6% year-on-year; basic earnings per share were 7.8 cents, with an interim dividend proposed at 42 Hong Kong cents per share. In terms of product categories, sales in the sports category increased by 2.6%, accounting for 48.9% of total manufacturing revenue (first half of 2025: 48.5%). In this category, although the company's shipments to its largest sports customer decreased, this was more than offset by increased orders from a broader base of sports customers (especially new clients). Revenue from the luxury and fashion category, which comprises luxury and fashion brands with similar average price levels, dropped by 4.8%, accounting for 31.1% of total manufacturing revenue (first half of 2025: 33.2%), with customers in this category preferring simpler styles and lower-priced products on average. Revenue in the leisure category grew by 11.3%, making up 20.0% of total manufacturing revenue (first half of 2025: 18.3%). This growth was primarily benefited by a major leisure customer consolidating its suppliers, as well as the advance of seasonal production for a leisure customer before the phased closure of its shoe factory in the Philippines starting from July 2026.