Core Viewpoint - Leshushit Limited has submitted a listing application to the Hong Kong Stock Exchange, focusing on emerging markets in Africa, Latin America, and Central Asia, primarily engaged in the development, manufacturing, and sales of hygiene products for infants and women [1] Group 1: Company Overview - Leshushit is a multinational hygiene products company specializing in baby diapers, pull-ups, sanitary napkins, and wet wipes [1] - The company operates under various brands, with Softcare being the core brand targeting mid-to-high-end consumers seeking quality products [1] - Softcare has become a well-known brand in many African countries, holding a leading market position in the hygiene products sector [1] Group 2: Market Position - According to Frost & Sullivan, Leshushit ranks first in Africa's baby diaper and sanitary napkin markets by sales volume, with market shares of 20.3% and 15.6%, respectively [2] - The company ranks second in terms of revenue in the same markets, with shares of 17.2% for baby diapers and 11.9% for sanitary napkins [2] - Leshushit holds the top position in the baby diaper market in Ghana, Kenya, Côte d'Ivoire, Senegal, Cameroon, and Tanzania, and also leads in the sanitary napkin market in Ghana, Senegal, Kenya, and Tanzania [2] Group 3: Sales Network and Growth - The company has established a broad sales network across over 30 countries in Africa, Latin America, and Central Asia, which is considered a competitive advantage [3] - As of April 30, 2025, Leshushit has set up 18 sales branches in 12 countries, covering over 2,800 wholesalers, distributors, supermarkets, and other retailers [3] - The sales volume of baby diapers and sanitary napkins reached approximately 4.123 billion and 1.634 billion units in 2024, growing at compound annual growth rates of 17.3% and 30.6% since 2022 [3] Group 4: Financial Performance - Leshushit's revenue for the fiscal years 2022, 2023, and 2024 was approximately $320 million, $411 million, and $454 million, respectively [3] - The company's profits for the same periods were $18.39 million, $64.68 million, and $95.11 million, respectively [3] - For the four months ending April 30, 2024, and 2025, the company reported revenues of $140 million and $161 million, with profits of $27.66 million and $31.10 million, respectively [3]
新股消息|乐舒适再度递表港交所 在非洲婴儿纸尿裤和卫生巾市场均排名第一
Jin Rong Jie·2025-08-12 23:09