Aoxin Q&M Dental Group

Results

Aoxin Q&M’s shares up by 30.8% after reporting profit of RMB7.3 mil

As at 10.14am, shares in Aoxin Q&M are trading 1.5 cents higher or 28.8% up at 6.7 cents.

Results

Aoxin Q&M expects to report ‘significant overall improvement’ in results for 1HFY2024

The group expects to report a net profit for the period, compared to a loss in the year before.

Broker's Calls

PhillipCapital upgrades Q&M to ‘buy’ with higher TP of 36 cents

Analyst Paul Chew expects to see earnings growth in FY2024.
Aoxin Q&M triggers SGX query after shares surged by 44% - THE EDGE SINGAPORE

SGX query

Aoxin Q&M triggers SGX query after shares surged by 44% (update)

As at 4.53pm, shares in Aoxin Q&M are trading 2.9 cents higher or 34.52% up at 11.3 cents.

Company in the news

Aoxin Q&M subsidiary upgraded to authorised primary processing partner for dental materials supplier

The agreement is valid till Dec 31 and will be renewed yearly on a calendar year basis.
Q&M disposes stake in Shanghai Chuangyi Investment & Management for RMB500,000 - THE EDGE SINGAPORE

Company in the news

Q&M disposes stake in Shanghai Chuangyi Investment & Management for RMB500,000

As at FY2022 ended Dec 31, 2022, Shanghai Chuangyi’s net asset value (NAV) stood at RMB1.4 million.

Market Close

Q&M subsidiary wins $3.6mil MOH tender to operate Joint Testing & Vaccination Center

Operations for this JTVC will start on Nov 21.
Q&M Dental banks on AI tech after Covid-19 high - THE EDGE SINGAPORE

Corporate moves

Q&M Dental banks on AI tech after Covid-19 high

Q&M is coming off its Covid-19 high, but it intends to ride on another boom.

Results

Aoxin Q&M reverses into net profit of RMB2.8 mil for 1QFY2022

The group’s EBITDA increased 17.64x to RMB8.0 million due to the improvement in gross profit margin.
Aoxin Q&M Dental experiences temporary closures in light of detection of Covid-19 cluster in China - THE EDGE SINGAPORE

Covid-19

Aoxin Q&M Dental experiences temporary closures in light of detection of Covid-19 cluster in China

A part of Aoxin Q&M Dental’s operations in China face temporary closure, due to a Covid-19 cluster detected in Liaoning province
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