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Beauty Farm Reports Robust Growth and Strategic Expansion in 2024

Story Highlights
  • Beauty Farm saw a 19.9% revenue increase and 9.7% net profit rise in 2024.
  • The company expanded into the wellness sector by acquiring Naturade, enhancing its growth potential.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Beauty Farm Reports Robust Growth and Strategic Expansion in 2024

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An update from Beauty Farm Medical & Health Industry, Inc. ( (HK:2373) ) is now available.

Beauty Farm Medical & Health Industry Inc. reported strong financial performance for the year ended December 31, 2024, with a 19.9% increase in revenue and a 9.7% rise in net profit. The company expanded its operations by acquiring a 70% stake in Naturade and integrating its stores, marking its entry into the wellness sector. This strategic move transformed its business model to a ‘dual beauty + dual wellness’ approach, significantly enhancing its growth potential and customer base.

More about Beauty Farm Medical & Health Industry, Inc.

Beauty Farm Medical & Health Industry Inc. operates in the beauty and wellness industry, offering a range of services including aesthetic medical services and subhealth medical value-added services. The company is known for its strong brand presence and customer relationship management, focusing on both internal growth and external expansion through mergers and acquisitions.

YTD Price Performance: 2.81%

Average Trading Volume: 465,093

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.3B

Find detailed analytics on 2373 stock on TipRanks’ Stock Analysis page.

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