Aoxin Q&M announced on Dec 21, that it expects to register an operating loss for the current financial year ending Dec 31, on the back of the Covid-19 outbreak and gestation losses from its newly opened dental hospitals and clinics.

On Dec 19, the Health Commission of Dalian City issued a directive to all medical facilities in the city to temporarily suspend all non-emergency medical treatments including dental services, due to domestically transmitted asymptomatic Covid-19 cases recently.

In accordance with the directives, Aoxin Q&M says its two operations in Dalian, namely Dalian Aoxin Quanmin Stomatology Hospital Co., Ltd. and Zhuanghe City Aoxin Dawei Dental Co., Ltd. have temporarily closed from Dec 19 and Dec 21 respectively.


To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook