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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)

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