Haitong International initiated coverage on SOFTCARE with an "Outperform" rating due to its strong revenue growth forecast of 21%, 17%, and 17% year-over-year from 2025 to 2027, reaching USD550 million, USD650 million, and USD760 million, respectively. Additionally, the expected growth in adjusted net profit of 14%, 17%, and 17% YoY, reaching USD110 million, USD130 million, and USD150 million, further supports the positive outlook on the company's performance.