Revenue for the group’s core healthcare business dipped by 1% y-o-y to $83.3 million as higher revenue contribution from its clinics in Singapore was offset by .
Q&M Dental Group (SGX:QC7
) has reported earnings of $5.3 million in the 1HFY2023 ended June 30, 46% lower than the earnings of $9.8 million in the same period the year before.
The lower earnings were mainly due to the lower revenue from the group’s “other business”, which fell by 46.6% y-o-y to $3.8 million. The group’s other business mainly refers to its medical laboratory, which was impacted by the lower demand for Covid-19 testing.
