Advertisement
Singapore markets close in 3 hours 6 minutes

  • Straits Times Index

    3,291.98
    -0.71 (-0.02%)
     

  • Nikkei

    38,249.96
    -24.09 (-0.06%)
     

  • Hang Seng

    18,178.38
    +415.35 (+2.34%)
     

  • FTSE 100

    8,121.24
    -22.89 (-0.28%)
     

  • Bitcoin USD

    57,403.48
    -2,534.70 (-4.23%)
     

  • CMC Crypto 200

    1,255.82
    -83.25 (-6.22%)
     

  • S&P 500

    5,018.39
    -17.30 (-0.34%)
     

  • Dow

    37,903.29
    +87.37 (+0.23%)
     

  • Nasdaq

    15,605.48
    -52.34 (-0.33%)
     

  • Gold

    2,325.30
    +14.30 (+0.62%)
     

  • Crude Oil

    79.55
    +0.55 (+0.70%)
     

  • 10-Yr Bond

    4.5950
    -0.0910 (-1.94%)
     

  • FTSE Bursa Malaysia

    1,576.32
    +0.35 (+0.02%)
     

  • Jakarta Composite Index

    7,116.59
    -117.61 (-1.63%)
     

  • PSE Index

    6,660.71
    -39.78 (-0.59%)
     

Q&M Dental 3Q continues to Grow

Vincent Chia
Q&M Dental 3Q continues to Grow

Q&M Dental Group (Singapore) Limited announced its 3Q results. 9M revenue 36% year-on-year to $68.2 million while 9M PATMI was up 44% year-on-year to $5.1 million. 3Q revenue was 52% year-on-year to $28.4 million while 3Q PATMI was up 55% year-on-year to $2.3 million. The results were attributed to contributions from new acquisitions including clinics and the dental supplies from its 2 recent China acquisitions. This quarter’s results has thus been a major milestone for Q&M Dental in terms of its expansion in China. Going forward, Q&M Dental will continue to explore growth in regional markets.

GET TO THE POINT : Always exciting to see contributions from acquired companies. In Q&M Dental’s case, this is even more exciting given the significant revenue contribution from China as well as that of its new dental supplies business.

(Picture from Q&M Dental Group (Singapore) Limited)

Related Articles:

The post Q&M Dental 3Q continues to Grow appeared first on Asean Equities Review.