To The Moon

$Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$sees 31% drop in earnings of $6.5 mil for 1QFY2022[Facepalm] [Cry] $Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$ Dental Group has reported earnings of $6.5 million for the 1QFY2022 ended March, down 31% than earnings of $9.4 million in the same period the year before. Revenue for the quarter increased by 7% y-o-y to $46.8 million due to the higher revenue from medical laboratory and dental equipment and supplies and slightly offset by revenue from its dental and medical clinics. Revenue for medical laboratory and dental equipment and supplies surged by 80% y-o-y to $8.2 million. The higher figure was mainly due to revenue from the group’s medical laboratory business as well as increase in revenue generated from the equipment & supplies business in Malaysia and Singapore. Revenue from Q&M’s dental and medical clinics, however, fell 2% y-o-y to $38.6 million due to the decrease in patient visits. The group’s nurses and dentists were also sick due to high Covid-19 (Omicron) rates in 1QFY2022, it explained in its May 11 statement. The impact was substantially offset by the organic growth of opening new clinics. $Q & M DENTAL GROUP (S) LIMITED(QC7.SI)$share price closed at $0.50 up by 1.07% at 11//05/2022 @TigerStars