Q&M Dental posts 4% rise in 2Q earnings to S$4.8 mil

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SINGAPORE (Aug 14): Q&M Dental Group saw its earnings grow 4% to S$4.8 million for the 2Q19 ended June, from S$4.6 million a year ago.

2Q19 revenue rose 3% to S$30.5 million, from S$29.5 million a year ago.

This was led by higher revenue contribution from its dental and medical clinics, which increased by 3% to S$27.9 million, on higher revenue from dental outlets in Singapore and Malaysia.

As at end June, the group has 73 dental outlets and four medical outlets in Singapore, as well as 20 dental outlets in Malaysia and one dental outlet in China.

This represents an increase of two dental outlets in Singapore and six dental outlets in Malaysia, compared to a year ago.

Revenue contribution from the dental equipment and supplies distribution business increased by...(click on link for full story on theedgesingapore.com)