Core Viewpoint - Long Fung Group, a leading pharmacy chain in Hong Kong, has submitted a listing application to the Hong Kong Stock Exchange, with the exclusive sponsor being DBS Bank [1] Company Overview - Long Fung Group is the largest retail pharmacy in Hong Kong by retail sales, holding a market share of 5.2%, and is the second-largest retailer of health, medical, and beauty products with a market share of approximately 5.8% [1] - The company operates 29 physical retail stores in Hong Kong, with a total available floor area exceeding 123,000 square feet [1] - Long Fung's mobile application has over 200,000 members as of last November [1] Financial Performance - For the fiscal year ending March 2025, Long Fung reported a profit of HKD 170 million, a year-on-year increase of 17.92%, with revenues of HKD 2.46 billion, up 21.76% [1] - In the first quarter of the fiscal year 2026, ending June 30, the company achieved a profit of HKD 47.76 million, a year-on-year increase of over 131%, with revenues of HKD 697 million, a growth of 42.48%, primarily driven by same-store sales growth and contributions from new stores [1] Expansion Plans - The funds raised from the listing will be primarily used to expand and enhance the store and online sales network, as well as for recruitment and training, including plans to open 11 new stores [1]
香港连锁药房龙丰集团向港交所递交上市申请 首季溢利同比涨逾1.31倍
Ge Long Hui A P P·2025-11-30 03:05