HK Stock Market Move | MODERN DENTAL (03600) rose more than 10% after announcing that it is expected to increase its net profit by approximately 30.1% to 37.6% in the first half of the year.

MODERN DENTAL (03600) surged over 10% after the announcement, reaching a 9.96% increase by the time of publication, closing at 5.08 Hong Kong dollars with a trading volume of 1.2903 million Hong Kong dollars. On the news front, on August 14th, MODERN DENTAL released a statement notifying shareholders and potential investors that, based on a preliminary assessment of the unaudited interim consolidated financial statements for the six months ended June 30, 2025, the Group expects the following for the first half of 2025: - Revenue is expected to range from 1.775 billion Hong Kong dollars to 1.85 billion Hong Kong dollars, an increase of approximately 4.3% to 8.7% compared to the first half of 2024, which was about 1.702 billion Hong Kong dollars. - Earnings before interest, taxes, depreciation, and amortization (EBITDA) are expected to range from 430 million Hong Kong dollars to 470 million Hong Kong dollars, an increase of approximately 14.5% to 25.1% compared to the first half of 2024, which was about 376 million Hong Kong dollars. - Net profit is expected to range from 279 million Hong Kong dollars to 295 million Hong Kong dollars, an increase of approximately 30.1% to 37.6% compared to the first half of 2024, which was about 214 million Hong Kong dollars.