Core Insights - Modern Dental (03600) reported a revenue of HKD 1.835 billion for the six months ending June 30, 2025, representing a year-on-year increase of 7.81% [1] - The profit attributable to the company's owners was HKD 285 million, reflecting a year-on-year increase of 32.52% [1] - The basic earnings per share were HKD 0.3037 [1] - The company proposed an interim dividend of HKD 0.107 per ordinary share [1] Revenue Growth - The increase in revenue was primarily driven by the company's ongoing organic growth, particularly in Europe and Australia [1] - The acquisition of Thailand's largest dental laboratory, Hexa Ceram Company Limited, completed in January 2025, also contributed to the accelerated growth [1]

Core Viewpoint - Modern Dental (03600) reported a revenue of HKD 1.835 billion for the six months ending June 30, 2025, representing a year-on-year increase of 7.81% [1] - The profit attributable to the company's owners was HKD 285 million, reflecting a year-on-year increase of 32.52% [1] - The company proposed an interim dividend of HKD 0.107 per ordinary share [1] Revenue Growth - The increase in revenue was primarily driven by the company's ongoing natural growth, particularly in Europe and Australia [1] - The acquisition of Thailand's largest dental laboratory, Hexa Ceram Company Limited, completed in January 2025, contributed to accelerating growth [1] Profitability - The basic earnings per share were HKD 0.3037 [1] - The significant increase in profit attributable to owners indicates improved operational efficiency and market positioning [1]

EF001 免責聲明 | 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 現代牙科集團有限公司 (於開曼群島註冊成立的有限公司) | | 股份代號 | 03600 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年6月30日止六個月之中期股息 | | 公告日期 | 2025年8月28日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 中期（半年期） | | 股息性質 | 普通股息 | | 財政年末 | 2025年12月31日 | | 宣派股息的報告期末 | 2025年6月30日 | | 宣派股息 | 每 股 0.107 HKD | | 股東批准日期 | 不適用 | | 香港過戶登記處相關信息 | | | 派息金額及公司預設派發貨幣 | 每 股 0.107 HKD | | ...

Financial Performance - For the six months ended June 30, 2025, the company's revenue was approximately HKD 1,834,814,000, an increase of about HKD 132,983,000 or 7.8% compared to HKD 1,701,831,000 for the same period in 2024[5] - The gross profit margin for the six months ended June 30, 2025, was approximately 54.8%, up from 53.7% in the same period of 2024, with gross profit increasing by about HKD 91,485,000 or 10.0%[5] - EBITDA for the six months ended June 30, 2025, was approximately HKD 456,711,000, representing an increase of about HKD 81,140,000 or 21.6% compared to HKD 375,571,000 for the same period in 2024[5] - Net profit for the six months ended June 30, 2025, was approximately HKD 288,650,000, an increase of about HKD 74,295,000 or 34.7% compared to HKD 214,355,000 for the same period in 2024[5] - The total comprehensive income for the six months ended June 30, 2025, was HKD 484,260,000, a significant increase from HKD 162,909,000 in the same period of 2024, representing a growth of 197%[10] - The net profit for the period was HKD 288,650,000, compared to HKD 214,355,000 in 2024, indicating an increase of 34.6%[10] Revenue Breakdown - Revenue from the European market for the six months ended June 30, 2025, was approximately HKD 920,255,000, reflecting a growth rate of 10.9% compared to HKD 822,914,000 in the same period of 2024[6] - Revenue from the North American market decreased by 5.1% to approximately HKD 365,680,000 for the six months ended June 30, 2025, compared to HKD 385,325,000 in the same period of 2024[6] - Revenue from the Greater China market decreased by approximately 9.8% to HKD 293,176,000 for the six months ended June 30, 2025, compared to HKD 335,752,000 in the same period of 2024[7] - Revenue from fixed dental appliances was HKD 1,098,288,000, with a gross profit of HKD 631,439,000, while in 2024, revenue was HKD 1,045,387,000 with a gross profit of HKD 584,174,000, showing a growth in revenue of 5.4%[20] - Revenue from removable dental appliances increased to HKD 447,394,000 in 2025 from HKD 393,546,000 in 2024, marking a growth of 13.7%[20] - Revenue from other products reached HKD 289,132,000, up from HKD 262,898,000 in 2024, reflecting a growth of 10%[20] Dividends and Shareholder Returns - The company declared an interim dividend of HKD 0.107 per share for the six months ended June 30, 2025, compared to HKD 0.08 per share for the same period in 2024[5] - The interim dividend declared for the six months ended June 30, 2025, was HKD 100,029,000, representing an increase from HKD 75,752,000 in 2024, with a dividend per share of HKD 0.107[32] - The company repurchased 5,427,000 ordinary shares at a total cost of approximately HKD 22.44 million during the six months ended June 30, 2025, with 3,227,000 shares being cancelled[128] Acquisitions and Investments - The acquisition of Hexa Ceram contributed approximately HKD 88,700,000 to other sales during the six months ended June 30, 2025, compared to zero in the same period of 2024[7] - The company acquired 25% of Hexa Ceram for a total consideration of THB 326,216,000 on November 21, 2024[43] - The company also agreed to purchase an additional 49% of Hexa Ceram for THB 612,743,000 on the same date[44] - The acquisition of Digital Sleep Design Pty Limited was completed for a cash consideration of AUD 3,154,000, providing advanced technology for anti-snoring devices[50] - Hexa Ceram contributed HKD 103,147,000 to the group's revenue and HKD 12,710,000 to the group's profit for the six months ended June 30, 2025[49] - The fair value of identifiable assets and liabilities acquired from Hexa Ceram amounts to HKD 231,052,000, with goodwill generated from the acquisition at HKD 45,514,000[47] Financial Position and Assets - The company reported a total asset value of HKD 3,863,769,000 as of June 30, 2025, compared to HKD 3,496,596,000 at the end of 2024, an increase of 10.5%[12] - Non-current assets totaled HKD 2,727,271,000, up from HKD 2,326,274,000 in 2024, representing a growth of 17.2%[11] - Cash and cash equivalents decreased to HKD 558,034,000 from HKD 816,825,000 in 2024, a decline of 31.7%[11] - The company’s equity increased to HKD 3,076,042,000 from HKD 2,725,574,000 in 2024, indicating a growth of 12.9%[12] - Trade receivables increased from HKD 613,579,000 as of December 31, 2024, to HKD 771,719,000 as of June 30, 2025, representing a growth of approximately 25.8%[37] - Interest-bearing bank borrowings decreased from HKD 737,151,000 as of December 31, 2024, to HKD 576,857,000 as of June 30, 2025, a reduction of approximately 21.7%[41] Operational Efficiency and Expenses - Sales and distribution expenses increased by approximately 3.1% from HKD 230,896,000 for the six months ended June 30, 2024, to HKD 238,044,000 for the six months ended June 30, 2025, accounting for about 13.0% of the group's revenue[82] - Administrative expenses rose by approximately 10.2% from HKD 378,833,000 for the six months ended June 30, 2024, to HKD 417,636,000 for the six months ended June 30, 2025, representing about 22.8% of the group's revenue[83] - Other operating expenses decreased by approximately 75.0% from HKD 9,283,000 for the six months ended June 30, 2024, to HKD 2,364,000 for the six months ended June 30, 2025, accounting for about 0.1% of the group's revenue[84] - Financing costs decreased by approximately 15.2% from HKD 25,706,000 for the six months ended June 30, 2024, to HKD 21,788,000 for the six months ended June 30, 2025, representing about 1.2% of the group's revenue[85] Market Trends and Future Outlook - The company plans to focus on mid and high-value customers, aiming to exit low-margin segments to ensure long-term sustainable profitability[74] - The company is optimistic about the mid to long-term prospects in the Greater China market, driven by government procurement measures aimed at price regulation and transparency[73] - The company continues to invest in digitalization to enhance operational efficiency and customer experience, positioning itself to capture greater market share amid industry consolidation[77] - The group aims to leverage the digitalization trend in the dental industry to capture market share through advanced digital solutions[70] Corporate Governance and Compliance - The company adheres to high standards of corporate governance, ensuring transparency and accountability to protect shareholder interests[131] - The company has complied with all applicable corporate governance code provisions except for code provision C.2.1, which states that the roles of Chairman and CEO should be separate[132] - The current board structure, which includes four executive directors, one non-executive director, and four independent non-executive directors, is deemed appropriate for ensuring balanced power distribution and effective decision-making[133] - The audit committee, consisting of independent non-executive directors, has reviewed the interim results for the six months ending June 30, 2025[135] Risk Management - The group faces various business risks, including global economic fluctuations and geopolitical risks, which may impact its financial condition and operating performance[115] - The group employs legal and financial advisors for due diligence on significant acquisitions to mitigate related risks[117] - The company has no significant credit risk concentration due to a diverse customer base, which minimizes the risk of default[121] - The company faces interest rate risk primarily related to long-term debt with floating interest rates, with rates ranging from HIBOR + 0.69% to HIBOR + 0.80% for bank loans denominated in HKD[119]

Core Viewpoint - Modern Dental Group (03600.HK) has scheduled a board meeting on August 28, 2025, to consider and approve its unaudited interim results for the six months ending June 30, 2025, and to discuss the declaration of dividends, if any [1] Group 1 - The board meeting will focus on the financial performance of the company and its subsidiaries for the first half of 2025 [1] - The meeting will also address the potential declaration or distribution of dividends [1]

Group 1 - Modern Dental (03600.HK) announced the cancellation of 4.1 million repurchased shares on August 15, 2025 [1] - The company expects a mid-term net profit increase of approximately 30.1% to 37.6% year-on-year [1]

Group 1 - The company, Modern Dental Group (03600), announced the cancellation of 4.1 million repurchased shares on August 15, 2025 [1]

Group 1 - The company, Modern Dental Group (03600), announced the cancellation of 4.1 million repurchased shares on August 15, 2025 [1]

承董事會命 現代牙科集團有限公司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準 確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產 生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於開曼群島註冊成立的有限公司） （股份代號：3600） 董事會召開日期 現代牙科集團有限公司（「本公司」）董事（「董事」）會（「董事會」）茲通告謹定於2025 年8月28日（星期四）舉行董事會會議，以（其中包括）考慮及通過本公司及其附屬公 司截至2025年6月30日止的六個月未經審核中期業績及其刊發，及考慮股息的宣 派、建議或派發（如有）。 主席、行政總裁兼執行董事 陳奕朗 香港，2025年8月15日 於本公告日期，本公司董事會包括執行董事陳奕朗、陳奕茹、陳冠斌及陳志遠，非執行董 事陳冠峰，以及獨立非執行董事張惠彬太平紳士、陳裕光、張偉民及邱家寶。 ...

FF305 第 1 頁 共 5 頁 v 1.3.0 FF305 公司名稱： 現代牙科集團有限公司 (於開曼群島註冊成立的有限公司) 呈交日期： 2025年8月15日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 03600 | 說明 | 註銷回購之股份 | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | ...