Sales from dental and medical clinics decreased 8% to $26.7 million for 1Q18 from $28.9 million for 1Q17 mainly due to the deconsolidation.
SINGAPORE (May 14): Q&M Dental Group (Singapore) reported a 17% increase in 1Q18 earnings ended March to $4.5 million from $3.8 million in 1Q17.
Total revenue fell 10% to $28.7 million mainly due to the deconsolidation of Aoxin from a subsidiary to an associate in April 2017 offset by higher revenue from dental equipment and supplies distribution companies in Singapore and Malaysia in 1Q18.
