, Singapore

Q&M Dental's net profit triples to $3.69m in Q2

On back of a property divestment gain.

The recently-completed sale of a property in Bedok caused Q&M Dental's net profit to surge by 212% to $3.69m in the second quarter.

The group also reported higher revenue for its dental and medical clinics, as well as higher revenue contribution from its dental equipment and supplies distribution business.

For 1H15, the Group’s net profit after tax was $8.8 million, compared with $2.8 million for 1H14.
 

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