Changes in Hong Kong stocks | Le Comfort (02698) rose more than 6% after performance, adjusted net profit increased 53.14% year on year in the medium term, and the company continued to implement local production capacity

The Zhitong Finance App learned that Le Comfort (02698) rose more than 6% after the results. As of press release, it had risen 5.08% to HK$33.54, with a turnover of HK$606.651 million.

According to the news, on August 19, Le Comfort announced its 2026 interim results. The company achieved operating income of 333 million US dollars, an increase of 30.7% year on year; profit for the period was 758.19 million US dollars, up 46.0% year on year; adjusted profit for the period was 78.05 million US dollars, an increase of 53.1% year on year. Among them, the company recorded a year-on-year increase in revenue and profit of 2.7 percentage points and 6.1 percentage points higher than the previous positive profit forecast's minimum revenue and minimum profit growth rate for the period, indicating that the overall operation of Le Comfort is steady and is continuing to realize the demographic dividend and long-term growth opportunities for hygiene products in emerging markets.

On the production side, in April of this year, Le Comfort's first factory in South America, the Peruvian Hygiene Factory, was officially put into operation. Together with the Chinese and American Salvadoran sanitary ware factory, which was put into operation in August last year, it provided capacity support for the company to further develop the Latin American market. It is worth mentioning that as of June 30 this year, Le Comfort had set up 10 factories and 73 production lines in Africa and Latin America, a net increase of 7 production lines compared to the end of last year. It can not only effectively optimize production costs and strictly control product quality, but also flexibly adjust production strategies to meet the diverse consumer needs of different national markets and consumers at different levels, forming a healthy business loop of capacity improvement, category expansion, and demand matching.