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Q&M posts 23% higher earnings of $8.4 mil for 2Q21; proposes 1-for-5 bonus issue

Atiqah Mokhtar
Atiqah Mokhtar • 2 min read
Q&M posts 23% higher earnings of $8.4 mil for 2Q21; proposes 1-for-5 bonus issue
Q&M is proposing a second interim DPS of 1 cent per share, which follows its 1Q21 interim DPS of the same amount.
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Q&M Dental Group has reported earnings of $8.4 million for the 2QFY2021 ended June, translating to a 23% increase y-o-y from $6.8 million previously.

This brings 1HFY2021 earnings to $21.5 million, up 142% y-o-y from $8.9 million previously.

2QFY2021 revenue doubled to $50.8 million from $24.9 million in 2QFY2020, mainly due to higher revenue in dental outlets as well as significant revenue contribution from Covid-19 testing from the group’s Covid-19 medical laboratory business.

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