ISIN:KYG618201092

Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam

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星期三, 四月 10, 2024

Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam

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Opening Ceremony of Modern Dental Group, ACESO Production Base Successfully Held in Vietnam
(28 March 2024, Hong Kong) - Modern Dental Group Limited (hereinafter referred to as "Modern Dental" or "the Group", stock code: 03600.
HK), a leading global dental prosthetic device provider, successfully held the grand opening ceremony for ACESO production base in Dong Nai, Vietnam today.
Modern Dental Group is committed to ensuring efficient and high-quality production to meet the customers’ demands and support continuous expansion.
The opening of ACESO production base in Vietnam will significantly empower the core production capabilities and efficiency of the Group, driving vigorous development of new quality productive forces and solidifying the Group’s leading position in dentistry.

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星期三, 四月 10, 2024

In a recent report by CGS International, they have reaffirmed the “Buy” rating on Modern Dental (03600HK), raised the target price to HK$5.88.

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In a recent report by CGS International, they have reaffirmed the “Buy” rating on Modern Dental (03600HK), raised the target price to HK$5.88.
Modern Dental increased its production capacity by over 50% in FY22-23 by expanding capacity of its Dongguan laboratory and setting up new facilities in Vietnam.
Due to enhanced production capability, CGSI believes Modern Dental should improve production efficiency and decrease product costs in FY24F.
The target price increased to HK$5.88 based on 10x CY25F P/E, reiterated “Add” on Modern Dental.

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星期三, 四月 10, 2024

The Board recommended a final dividend of HK9.0 cents per ordinary share for the year ended 31 December 2023.

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The Board recommended a final dividend of HK9.0 cents per ordinary share for the year ended 31 December 2023.
(26 March 2023, Hong Kong) Modern Dental Group Limited (“Modern Dental” or “the Group”, stock code: 03600.HK), a leading global dental prosthetic device provider, announces its annual results for the year ended December 31, 2023 (“the year”).
The Group is committed and will continue to equip ourselves to provide the state-of-the-art digital solutions offering to the dental community in the market.
The Group continues to grow into more than just a one-stop shop dental prosthetic provider, but a full dental ecosystem to support our customers.

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星期三, 三月 13, 2024

Dental Asia speaks with Richie Leung, business director for Modern Dental South East Asia on its journey and outlook for the region into 2024.

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Dental Asia speaks with Richie Leung, business director for Modern Dental South East Asia on its journey and outlook for the region into 2024.
Founded in 1986 in Hong Kong as a manufacturer and distributor of dental prosthetic devices, Modern Dental Group has since grown into a global portfolio of brands, including Labocast, Permadental and Elysee Dental in Western Europe, Yangzhijing in China, Modern Dental USA in the US, and Southern Cross Dental in Australia.
Over the past five years, Modern Dental Group’s journey in South East Asia has been marked by strategic collaborations, technological innovation and a commitment to elevating dental care standards.
Likewise for manufacturers, the ongoing advancements in digital dentistry solutions will influence the supply chain of dental prostheses products.