Q&M Dental Group Limited is a private dental healthcare service provider established in 1996. Starting from a single-chair dental clinic over twenty years ago, the group now has a total of 70 dental outlets and four medical outlets in Singapore, 14 dental outlets in Malaysia, and one dental outlet in China.
I attended Q&M Dental Group’s annual general meeting to find out more about the company’s past year performance and its outlook for the year ahead.
Here are seven things I learned from the 2018 Q&M Dental Group AGM.
1. Revenue decreased 20.3% from S$154.9 million in 2016 to S$123.5 million in 2017. The decrease is mainly due to the deconsolidation of Aoxin Q&M Dental Group from the accounts as the subsidiary was reclassified from a subsidiary to an associate of the group; Q&M spun off Aoxin which listed on the SGX Catalist board in April 2017. …