Softcare Lifts Interim Profit 46% to $75.8 Million as Payout Ratio Jumps to 66%
Updated
Updated · Yahoo Finance · Aug 24
Softcare Lifts Interim Profit 46% to $75.8 Million as Payout Ratio Jumps to 66%
2 articles · Updated · Yahoo Finance · Aug 24
Summary
$75.8 million in first-half profit and $78.6 million in adjusted net profit marked Softcare's first interim results since listing, with revenue rising 30.7% to $332.7 million.
Emerging-market demand drove the gains as personal hygiene penetration expanded and baby care, feminine care and household products saw sustained consumption across the company's footprint.
A $0.08-per-share interim dividend totals about $49.7 million, lifting the payout ratio to roughly 66% from about 45% for full-year 2025.
Africa remained the core growth engine, with revenue up 24.4% in West Africa, 29.3% in East Africa and 29.4% in Central Africa, while management said Latin America is accelerating.
Management said local manufacturing across multiple countries helps limit exposure to resource-sector policy shifts, diversify operating risk and support expansion into additional emerging markets.