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Nuchev Pty Ltd ( (AU:NUC) ) has issued an update.
Nuchev Limited has announced its strategic entry into the Vietnamese market with the launch of its flagship brand, Oli6®. This expansion is part of a three-year distribution agreement with H&S Group, utilizing local distributor Chau Dai Duong for exclusive marketing and sales. The Vietnamese market offers significant growth potential due to its demand for premium nutritional products and preference for international brands. The launch is expected to enhance Nuchev’s market presence and contribute positively to its financial performance, reinforcing its commitment to global health and well-being.
More about Nuchev Pty Ltd
Nuchev is an Australian-based company specializing in Vitamin & Dietary Supplements. Its products include the Oli6® brand, Bio Practica, Medicine Tree, and several European brands sold under exclusive license in Australia and New Zealand. These products are available through key pharmacy and grocery channels in Australia, China, and other international markets, including online platforms.
YTD Price Performance: 66.67%
Average Trading Volume: 20,436
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$29.27M
See more insights into NUC stock on TipRanks’ Stock Analysis page.