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Modern Dental Group Strengthens Market Position with Strategic Acquisition and Revenue Growth

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Modern Dental Group Strengthens Market Position with Strategic Acquisition and Revenue Growth

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Modern Dental Group Limited ( (HK:3600) ) just unveiled an announcement.

Modern Dental Group Limited reported an increase in revenue and net profit for the year ended 31 December 2024, despite challenging macroeconomic conditions. The company’s strategic acquisition of Thailand’s largest dental laboratory, Hexa Ceram, and its focus on digital transformation have strengthened its market position, allowing it to outperform competitors. With production facilities in the US and Southeast Asia, the company is well-positioned to mitigate tariff-related risks and capitalize on market opportunities.

More about Modern Dental Group Limited

Modern Dental Group Limited operates in the dental prosthetics industry, focusing on the production and distribution of dental products. The company is known for its comprehensive product portfolio and has a strong market presence, particularly in Asia with facilities in Vietnam and Thailand, and in the US through MicroDental.

YTD Price Performance: -10.0%

Average Trading Volume: 1,635

Technical Sentiment Signal: Sell

Current Market Cap: €440.5M

For an in-depth examination of 3600 stock, go to TipRanks’ Stock Analysis page.

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