MODERN DENTAL Reports Interim Profit of HK$374 Million, Up 31.2% Year-on-Year

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Yesterday

MODERN DENTAL (03600) has announced its interim results for the six months ended June 30, 2026, posting a revenue of HK$2.032 billion, representing a year-on-year increase of 10.8%. Profit attributable to shareholders of the company reached HK$374 million, marking a substantial 31.23% jump compared to the same period last year. Basic earnings per share stood at HK40.07 cents, with an interim dividend of HK14.0 cents per ordinary share declared.

According to the company's announcement, the revenue growth was primarily driven by sustained organic expansion, fueled by the accelerating adoption of digitalization within the global dental industry, particularly across Europe and Australia. This positive momentum was further supported by a stabilizing market in mainland China and operational improvements. However, this growth was partially offset by reduced revenue in North America, where a sluggish macroeconomic environment dampened demand for high-value, non-essential dental procedures. Additionally, management's strategic decision to streamline loss-making dental service organization (DSO) accounts, aimed at optimizing the customer portfolio and safeguarding profit margins, also contributed to the regional decline.

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