Analyst Research Report Snapshot

Title:

Q&M Dental Group (Singapore) Limited - Expanding its Foothold into Shanghai (Update)

Price:

$46.00

Provider:

Voyage Research Pte Ltd.

Date:

14 Nov 2011

Pages:

5

Type:

AcrobatPDF

Companies referenced:

QMDT.SI

Available for Immediate Download
Summary:

Q&M Dental Group (Singapore) Ltd’s 3Q revenue rose 23% to S$12.0m on the back of organic growth and maiden contribution from five new clinics over the year. However, profit after tax was down 3% YoY to S$0.8m owing to one-off salary cycle adjustment – certain salary claims were paid earlier - and higher depreciation from the new clinics. Excluding the salary cycle adjustment, profit after tax would have grew 13.7% YoY to S$1.0m.

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