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Q&M Dental reports 1HFY2024 earnings of $9.8 mil; declares interim dividend of 0.4 cents per share

Felicia Tan
Felicia Tan • 2 min read
Q&M Dental reports 1HFY2024 earnings of $9.8 mil; declares interim dividend of 0.4 cents per share
Q&M at City Square Mall. Photo: Albert Chua/The Edge Singapore
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Q&M Dental has reported earnings of $9.8 million for the 1HFY2024 ended June 30, 84% higher y-o-y, due to the higher revenue for the period.

1HFY2024 revenue rose by 2% y-o-y to $88.8 million thanks to higher revenue from dental and medical clinics and offset by lower revenue from medical laboratory and dental equipment & supplies.

“This significant growth underscores the strength of our dental healthcare business, which has remained steady and resilient despite the challenges of recent years with our total ebitda for the period also increasing by 27% to $23.4 million compared to the same period last year,” says Dr Ng Chin Siau, group CEO of Q&M.

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