Steniel Manufacturing Corp.
PPSE:STN1.90
PHP
-0.09
(-4.52%)
ISIN
PHY8169J1017
CUSIP
Y8169J101
Return %
Stock
S&P 500
1Y
-21.49
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Nixon Y. Lim
- Full Time Employees
- 240
- Sector
- Process industries
- Industry
- Containers/Packaging
- Address
- Cavite Philippines
- IPO Date
- Jan 20, 1994
- Website
- steniel.com.ph
- Similar Companies
- Business
- Steniel Manufacturing Corporation is a Philippine-based industrial packaging company engaged in the manufacture, processing, and distribution of paper-based packaging products and corrugated containers. Founded in 1963 and headquartered in General Trias, Cavite, Philippines, the company operates primarily within the paper and packaging industry, serving agricultural exporters, fast-moving consumer goods (FMCG) producers, food and beverage manufacturers, and industrial logistics providers across the Philippines. Steniel conducts its manufacturing and distribution activities directly and through operating subsidiaries, including Steniel Cavite Packaging Corporation and Steniel Mindanao Packaging Corporation, operating production and converting facilities in Cavite as well as strategic regional hubs in Mindanao, including Bunawan, Carmen, and General Santos City. The company's core product portfolio encompasses corrugated carton containers; corrugated boxes, master cartons, and heavy-duty shipping containers tailored for fresh produce exports such as bananas and pineapples; die-cut boxes and customized display packaging; paperboard and pulp-based packaging materials; corrugated roll stock and single-face rolls; and allied packaging accessories, including protective inner pads, partitions, dividers, and layer sheets. In recent major corporate developments, the Philippine Stock Exchange officially lifted the nearly 18-year trading suspension on Steniel's common shares in April 2024 following comprehensive corporate rehabilitation, balance sheet restructuring, and debt-to-equity conversions. To accelerate operational revitalization and increase production capacity, the company executed follow-on equity offerings and completed the strategic acquisition and integration of large-scale corrugated box manufacturing assets in Davao del Norte formerly utilized by Dole Philippines, alongside subsequent warehouse and production facility expansion projects in Panabo and key Mindanao agricultural corridors.