HK Stock Market Move | SOFTCARE (02698) rose by over 6%, with adjusted net profit growing by 24.4% year-on-year. The Latin American region showed strong growth momentum.
Luk Hoi Sun (02698) surged over 6%, as of the time of writing, it increased by 6.66%, closing at HK$31.7, with a turnover of HK$43.889 million.
SOFTCARE (02698) rose more than 6%, rising by 6.66% as of press time, to 31.7 Hong Kong dollars, with a turnover of 43.889 million Hong Kong dollars.
On the news front, SOFTCARE recently announced its performance for 2025, with revenue of approximately 567 million US dollars, a year-on-year increase of 24.9%; gross profit increased by 27.1% to 203.5 million US dollars, net profit of approximately 121 million US dollars, a year-on-year increase of 27.4%; adjusted net profit of approximately 122 million US dollars, a year-on-year increase of 24.4%; earnings per share of 23 cents, with a final dividend per share of 8.88 cents. In terms of regions, the company's revenue in East Africa, West Africa, Central Africa, and Latin America increased by 23.9%, 18.4%, 34.5%, and 134.3% respectively.
Guosheng believes that the escalation of Middle East geopolitical conflicts is causing disruptions to the global supply chain. The company's products have a bias towards rigidity. With the advantages of localization production, global supply chain, deep distribution, and cost-effective positioning, the competitive barriers are further strengthened. The company's market share in Africa is expected to continue to increase in the future, and there is still room for development in the African market. At the same time, the company is actively expanding into high-growth regions such as Latin America and Central Asia.
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