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An announcement from Beauty Farm Medical & Health Industry, Inc. ( (HK:2373) ) is now available.
Beauty Farm Medical & Health Industry Inc. announced a supplemental update regarding its acquisition of equity interest in businesses operating under the Naturade brand. The acquisition is expected to enhance operational control, strengthen brand positioning, and improve financial performance through economies of scale. The company views this acquisition as a strategic move to expand its geographical footprint in the Greater Bay Area, leveraging its dual beauty and wellness model to increase revenue and profitability.
The most recent analyst rating on (HK:2373) stock is a Hold with a HK$27.00 price target. To see the full list of analyst forecasts on Beauty Farm Medical & Health Industry, Inc. stock, see the HK:2373 Stock Forecast page.
More about Beauty Farm Medical & Health Industry, Inc.
Beauty Farm Medical & Health Industry Inc. operates in the beauty and wellness industry, focusing on beauty and wellness stores. The company is involved in acquiring and managing stores under the Naturade brand, aiming to expand its market presence and enhance operational efficiency.
Average Trading Volume: 653,351
Technical Sentiment Signal: Sell
Current Market Cap: HK$5.93B
Find detailed analytics on 2373 stock on TipRanks’ Stock Analysis page.