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HKG:2698

5 stories mentioning HKG:2698Updated 13d ago

Every FINWIRES story that references HKG:2698, newest first.

Asia

Softcare Expects H1 Profit to Rise at Least 40%

Softcare (HKG:2698) expects profit for the first half of 2026 to be at least $73 million, up at least 40% from $52 million a year earlier, according to a Tuesday Hong Kong bourse filing.Revenue is expected to increase at least 28% to $328 million, driven by higher sales volume and average selling prices.The hygiene products maker attributed the profit growth mainly to higher gross profit from increased revenue and higher interest income on bank deposits following the proceeds from its November 2025 listing.

HKG:2698
Asia

Softcare Unit Enters FX Forward Contracts

Softcare (HKG:2698) unit Sunmart Trading FZCO entered into an FX forward contracts with China CITIC Bank Corporation Limited Guangzhou Branch on Monday, according to a Wednesday Hong Kong bourse filing.Under the contract, Sunmart Trading agreed to sell 29.9 million euros and buy $34.7 million for hedging against its exposure to exchange rate movements on its foreign currency assets.Hygiene product maker Sunmart Trading is required to place deposits of 14.1 million yuan with the bank to secure its obligations under the contract.The bank is a unit of China CITIC Bank (HKG:0998, SHA:601998).

HKG:0998HKG:2698SHA:601998
Research

Orient Securities Starts Softcare at Buy with HK$36.05 Price Target

Softcare (HKG:2698) has an average rating of buy and mean price target of HK$42.03, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

HKG:2698
Asia

Softcare's Controlling Shareholder Ups Stake in Company

Softcare's (HKG:2698) controlling shareholder Yang Yanjuan further increased her stake in the company, according to a Tuesday filing with the Hong Kong bourse.Yang purchased 876,400 shares from the open market at around HK$25.63 each from May 15 to May 22.Yang is the spouse of Shen Yanchang, the hygiene products maker's founder, chairman, and controlling shareholder. Together, they own a 53.74% stake in the business.

HKG:2698
Asia

Softcare Controlling Shareholder Boosts Stake

Softcare (HKG:2698) controlling shareholder Yang Yanjuan further increased her stake in the company.The 1,016,000 shares were acquired from the open market at around HK$29.21 apiece from April 27 until Tuesday, according to a same-day filing on the Hong Kong bourse.Yang is the spouse of Shen Yanchang, the hygiene products maker's founder, chairman, and controlling shareholder. Together, they own a 53.6% stake in Softcare.

HKG:2698

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