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Q&M posts 28% rise in FY19 earnings to $18 mil, proposes special dividend of 2 cents

Uma Devi
Uma Devi • 3 min read
Q&M posts 28% rise in FY19 earnings to $18 mil, proposes special dividend of 2 cents
Q&M booked other gains of $8.2 million for the year, a surge from the previous year’s gains of $0.4 million. This came on the back of a one-time gain of $11.6million arising from the partial disposal of 36% of equity-accounted associate, Aidite.
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SINGAPORE (Feb 27): Q&M Dental Group reported earnings of $18.0 million for FY2019 ended December, some 28% higher than FY2018 earnings of $14.0 million.

This brings the group’s earnings per share (EPS) for the year to 2.29 cents, up from EPS of 1.77 cents a year ago.

Revenue for the year came in at $128.0 million, a 6% increase from $120.8 million in FY2018. This was attributable mainly to higher revenue from the group’s existing and new dental outlets in both Singapore and Malaysia.

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