DBS: Stella International – Buy Target Price HK$12.00 Posted on January 22, 2024January 22, 2024 By alanyeo No Comments on DBS: Stella International – Buy Target Price HK$12.00 Stable recovery ahead Expect mid-single digit volume recovery in FY24F Improvement in utilisation rate should drive margin expansion Raised FY23E/24F earnings by 14%/11% and introduced FY25F forecasts; maintain Buy with TP raised to HK$12.0 Stella-International_19-Jan-2024_HK_CUClick here to Download Full Report in PDF Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window) Research - Equities Tags:Stella International Holdings