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Q&M posts 40% drop in FY18 earnings on absence of one-off gain on disposal

Stanislaus Jude Chan
Stanislaus Jude Chan • 2 min read
Q&M posts 40% drop in FY18 earnings on absence of one-off gain on disposal
SINGAPORE (Feb 28): Q&M Dental Group saw its earnings fall 40% to $14.3 million for the FY18 ended December, from $23.9 million a year ago.
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SINGAPORE (Feb 28): Q&M Dental Group saw its earnings fall 40% to $14.3 million for the FY18 ended December, from $23.9 million a year ago.

This was mainly due to the absence of a one-off gain on disposal of its subsidiaries in FY17. Other gains fell 88% to $1.3 million for FY18, compared to $10.8 million a year ago.

Excluding other gains, FY18 earnings would have come in at $13.0 million, 1% lower than $13.3 million a year ago.

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