Dental Corporation to move D shares from mai to SET on 1 October 2026

Dental Corporation Public Company Limited, or D, is maintaining its target for total revenue growth in 2026 at around 10%. Chief Executive Officer Pornsak Tantapakul said foreign customers account for the main share, roughly 60-70% of total revenue, and their purchasing power remains strong with growth of nearly 10%. Thai customers account for about 30% of total revenue and have contracted by around 3-4% amid the economic slowdown. Growth in foreign customers has helped offset the slowdown in the domestic market. For the fourth quarter of 2026, the company expects operating results to continue growing on the back of foreign customers' purchasing power, and it will begin considering opening new branches again, focusing on locations that target foreign customers. Initially, it plans to open an average of about one branch per quarter. The company is continuing to pursue growth after meeting all the qualifications to move from the Market for Alternative Investment, or mai, to trade on the Stock Exchange of Thailand, or SET, which will help raise its profile, build confidence, and open up more opportunities to reach institutional investors. After listing on the SET, several securities firms have begun preparing analyst reports assessing its growth prospects over the next one to two years. Meanwhile, the major shareholder group, which holds about 50% of the shares, has no plans to sell its shares and does not intend to raise capital at this time. The company has a strong cash flow position and a policy of paying dividends every six months, representing a dividend yield of about 5-6% per year.

The global dental services market is projected to reach USD 425.56 billion in 2026 and grow at a compound annual growth rate of 5.65% to hit USD 596.85 billion by 2032, according to a new report from ResearchAndMarkets.com. The sector spans general dentistry, orthodontics, periodontics, prosthodontics, endodontics, oral surgery, pediatric dentistry, cosmetic dentistry, dental diagnostics, and maintenance services delivered through private practices, group practices, dental service organizations, public health systems, hospitals, and academic clinics. Demand is supported by the high global burden of oral diseases, aging populations, increasing awareness of preventive care, rising adoption of dental implants and clear aligners, and the growing link between oral health and systemic conditions such as diabetes, cardiovascular disease, respiratory infection risk, and adverse pregnancy outcomes. The World Health Organization estimates that oral diseases affect 3.5 billion people worldwide, making access to affordable, timely, and quality dental care a core public health priority. The report highlights transformative shifts including digital dentistry, teledentistry, artificial intelligence, minimally invasive procedures, and value-based care models, while noting persistent barriers such as uneven insurance coverage, workforce shortages in rural areas, and disparities in pediatric and geriatric oral healthcare access.