Caothuthuy

STK out of supply. Break vol.

Long
HOSE:STK   CENTURY SYNTHETIC FIBER CORPORATION
Textile and garment showed signs of recovery at the end of Q1/2023 and July 2023 - Business results in Q2/2023 increased

41% in revenue compared to Q1/23
(surpassing VND forecast by 15%)
and 2,203% increase in profit after tax as well as EPS

- STK reopens Cu Chi factory at the end of Q1/2023 after closing in October 2022 due to a shortage of orders - Total yarn factory project

Unitex cooperation will help STK catch up with the green fashion trend to be put into operation in Q1/2024 (big fashion and sports brands such as Adidas, Walmart, H&M,... are all committed to climate change action. and use recycled yarn at the rate of 50% - 100% by 2025)
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