Footwear manufacturer Stella International Holdings has reported a 4.1% year-on-year increase in shipment volumes for the second quarter, reaching 15.4 million pairs.
The group’s unaudited revenue for the three-month period rose by 2.9% to US$444 million, compared to US$431.6 million in the same period last year.
Revenue from the core footwear manufacturing business rose by 2.5% to US$433 million. However, the average selling price (ASP) per pair declined by 1.7% to US$28.20, reflecting the greater share of lower-priced Sports products in the sales mix.
For the first half of 2025, shipment volumes increased by 3.8% to 27.5 million pairs. Despite this, ASPs were down 3.2% to US$27.4, resulting in a modest 0.6% increase in footwear manufacturing revenue to US$753.5 million. The Group’s consolidated revenue for the six-month period rose slightly by 0.7% to US$775 million.
“We are expanding and ramping up new production lines in Indonesia and the Philippines to meet increased customer demand,” said CEO Chi Lo-Jen. “Worker utilisation and efficiency will improve gradually over the course of the year.”
Chairman Lawrence Chen added: “Despite ongoing macroeconomic headwinds and trade pact uncertainties, we are working closely with customers to optimise operations and strengthen long-term strategic relationships.”
京公网安备 11010202009378号
