Stock Digest - Nova Wellness Group Bhd - Recovery Remains Intact

Following an increase of number of distributors from 806 in FY21 to 960 in FY22, NOVA remained committed to increase the number to 1,200 by FY25. With the construction of Phase 2 of its new plant well underway, we believe the upcoming additional capacity will allow the group to meet rising demand for nutraceutical products from distribution network expansion.