MODERN DENTAL (03600) announced that the company's board of directors wishes to inform shareholders and potential investors that, based on a preliminary assessment of the group's unaudited consolidated management accounts for the six months ended June 30, 2025 (first half of 2025), which are the most recently available and have not been audited or reviewed by the group's auditors and/or audit committee, the group expects:

Revenue for the first half of 2025 to range between HK$1.775 billion and HK$1.85 billion, representing an increase of approximately 4.3% to 8.7% compared to revenue of approximately HK$1.702 billion for the six months ended June 30, 2024 (first half of 2024);

EBITDA (earnings before interest, taxes, depreciation and amortization) for the first half of 2025 to range between HK$430 million and HK$470 million, representing an increase of approximately 14.5% to 25.1% compared to EBITDA of approximately HK$376 million for the first half of 2024; and

Net profit for the first half of 2025 to range between HK$279 million and HK$295 million, representing an increase of approximately 30.1% to 37.6% compared to net profit of approximately HK$214 million for the first half of 2024.

The revenue increase was primarily driven by the group's continued organic growth (mainly in Europe and Australia), accelerated by the group's completion of the acquisition of Thailand's largest dental laboratory, Hexa Ceram Company Limited (Hexa Ceram), in January 2025.

The increases in EBITDA and net profit were mainly attributable to: (i) continued improvement in operational efficiency due to an increased proportion of digital solution cases; (ii) favorable exchange rate movements from January to June 2025, including the appreciation of the Euro and Australian Dollar against the Renminbi and Hong Kong Dollar; and (iii) the acquisition of Hexa Ceram.