BRIEF: Modern Dental’s profit jumps over 30% in first half of 2025
Modern Dental Group Ltd. (3600.HK) said on Thursday it expects to report revenue of HK$1.78 billion ($226 million) to HK$1.85 billion for the first half year, up 4.3% to 8.7% year-on-year, while its net profit rose 30.1% to 37.6% to between HK$279 million and HK$295 million.
The company attributed the growth to expanded use of digital solutions that have improved its efficiency, along with currency tailwinds as the euro and Australian dollar strengthened against the yuan and Hong Kong dollar. An early 2025 acquisition of Thailand’s largest dental laboratory, Hexa Ceram, also boosted its revenue and profit.
Shares of Modern Dental opened up 10% at HK$5.08 on Friday. The stock is up over 20% this year.
By Lau Chi Hang
To subscribe to Bamboo Works weekly free newsletter, click here
Related Articles
BRIEF: NetEase revenue, profit rise in second quarter
BRIEF: Tencent Music’s profit jumps 43% in second quarter
RELATED ARTICLES
-
Huge Dental hopes Hong Kong smiles on its latest listing attempt
- Its revenue falling, Dazhong Dental looks to M&A to brighten its outlook
- Profit squeeze pressures dental implant industry to transform
-
BRIEF: WuXi XDC’s profit jumps in first half of 2025
2268.HK
-
BRIEF: Zibuyu’s profit rises more than 30% in first half of 2025
2420.HK
-
BRIEF: Kingboard records strong profit gain in first half of 2025
0148.HK
-
BRIEF: Modern Dairy’s loss widens on saturated China market
1117.HK
