Google AI
The Times Australia

Times Media

A.M Aesthetics: One of The Largest SGX-Listed Aesthetic Company Generated Revenue of S$6.6 million in HY2023, a 24.5% Increase Compared to HY2022

SINGAPORE - Media OutReach - 23 February 2023 - A.M Aesthetics is a one-stop aesthetic clinic and one of the largest SGX listed aesthetic clinic (subsidiaries of Accrelist Ltd) that provides a broad range of facial treatments and aesthetic medicine for Asian skin conditions.
In the six months financial period ended 30 September 2022 ("HY2023"), the revenue increased by 24.5%, or S$1.3 million, from $5.3 million when compared to corresponding period ("HY2022"). The increase was largely due to the expansion of the current medical aesthetic outlets to larger units with enhanced marketing and previously launched two aesthetic clinic outlets in Singapore. Gross profit margins have also improved by 26.4%, from 50.8% to 77.2% in HY2022 and HY2023, respectively.

A.M Aesthetics latest outlet at Clarke Quay Central
A.M Aesthetics latest outlet at Clarke Quay Central

Since its inception, A.M. Aesthetics has been on a quest to empower individuals to take charge of how they feel and look, and is dedicated to delivering beauty treatments that promote confidence. A.M. Aesthetics treats a wide range of skin issues under one roof, from acne to dull skin, pigmentation to skin sagging. Whatever your aesthetic goals are, they provide specialised and personalised treatments for you.

Dr. Terence Tea, founder of A.M Aesthetics and Executive Chairman and Managing Director of Accrelist Ltd.

When asked about recent developments, Dr. Terence Tea, founder of A.M Aesthetics, said, "I believe that along with doctors' individual skills and expertise in aesthetics, our advanced technology at A.M Aesthetics is efficient in giving our patients a boost in skin youthfulness and a perk in confidence. It gives them a better outlook on life and makes them look forward to waking up feeling younger every morning." Dr. Terence Tea has been awarded Pingat Bakti Masyarakat by the PMO and Top Leading Entrepreneur 2022/2023 by Vision Media Group.

Thanks to Dr. Terence Tea's hard work and determination, A.M Aesthetics has expanded to two more outlets in Orchard Central and Clarke Quay Central since September 2022, with an upcoming outlet in Northpoint City and VivoCity, where a brand new 2.0 lifestyle and aesthetic concept is being introduced in these outlets.

In addition to its nine Singapore locations and one Malaysia location, the company through a collaboration with a renowned doctor, providing training and recommending the most cutting-edge aesthetic equipment and skincare products.

Currently, work is underway for new outlets at AM Thailand BKK, AM Malaysia Bangsar, and more. Also, A.M Aesthetics won the "Best Rejuvenating Aesthetic Treatment" award under L'Officiel Singapore's Spa Awards 2022 for the A.M Aesthetics' Sylfirm X Ultimate Edition and Daily Vanity Beauty Treatment Awards 2022 (Reader's Choice) for their Rejuran Treatment and Q-Switch Treatment.

Hashtag: #amaesthetics #amaestheticssg



The issuer is solely responsible for the content of this announcement.

About Accrelist Ltd. (亚联盛控股公司)

Listed on the Catalist board of the SGX-ST, Accrelist Ltd. (the "Company" or "Accrelist" together with its subsidiaries, the "Group") seeks to create long-term value for our shareholders and business partners by unlocking and adding value to the companies we invest in. The Group continues to actively pursue new opportunities with a growing focus on medical aesthetics.

The Group's wholly owned subsidiary corporations include the Accrelist Medical Aesthetics group of companies, branded as A.M Aesthetics, and A.M Skincare Pte. Ltd. ("A.M Skincare").

A.M Aesthetics operates a chain of registered medical aesthetics clinics in Singapore and Malaysia which use state-of-the-art equipment and clinically proven solutions to deliver a wide range of highly reliable and effective treatments. A.M Skincare is principally involved in the retail sale of pharmaceutical and medical goods. It develops and distributes its own original design manufacturer clinical skincare products ("ODM") with support from South Korean dermatologists alongside other non-ODM products.

In addition, Accrelist holds a 53.31% controlling stake in Jubilee Industries Holdings Ltd. ("Jubilee"), a one-stop service provider with two main business segments:

  • Mechanical Business Unit ("MBU") which is engaged primarily in precision plastic injection moulding and mould design and fabrication services; and
  • Electronics Business Unit ("EBU") which distributes integrated electronic components.

Headquartered in Singapore, Jubilee's production facilities span across Malaysia and Indonesia. Jubilee's products are sold to customers in Singapore, Malaysia, Indonesia, Vietnam, India, the People's Republic of China, the United States and various European countries.

For more information, please visit

About A.M Aesthetics
Having been the Executive Chairman and Managing Director of Accrelist Ltd., Dr. Terence Tea established "A.M. Aesthetics" in 2018. A.M Aesthetics is a team of experienced professionals dedicated to offering their clients trustworthy cosmetic dermatology and skin laser treatments. They have strategically placed outlets in different areas of Singapore and Malaysia.

Read more: A.M Aesthetics: One of The Largest SGX-Listed Aesthetic Company Generated Revenue of S$6.6 million i...

More Articles …

  1. Hong Kong Design Centre Welcomes the Additional Resources to Foster the Development of Hong Kong into an East-meets-West Centre for International Cultural Exchange in 2023-24 Budget Address
  2. Gaw Capital Partners and A3 Capital Jointly Form a JV Platform with the Launch of the first Infinaxis Data Centre in Malaysia
  3. Philippine fintech leader GCash joins plenary at Mobile World Congress
  4. Delta Global Bets on Hong Kong to Grow Regional Business on the Back of E-Commerce Boom
  5. Salmon partners with SM Store, the largest retailer in the Philippines
  6. Visit Hong Kong’s Hottest Creative and Cultural Landmark - The Mills
  7. Yik Wo International to appoint professional parties to proceed with the preparation of application for the possible transfer of listing
  8. International Mother Language Day Taiwan’s CIP Presents Awards to 23 Individuals for Revitalizing Indigenous Languages
  9. Oryon partners with Green Radar to offer grMail
  10. Trend Micro Acquires SOC Technology Expert Anlyz
  11. DHL Supply Chain appoints new CEO for South East Asia cluster
  12. Watsons x Cantopop Super Boy Band MIRROR Empower 18 Million Members to GO GREEN with MIRROR First Regional Carbon-Neutral Event Across 4 Asian Markets
  13. Unix Furniture Offers Singapore's First Stone Standing Desks with Extensive Customisability
  14. Bowtie’s Mission to Relieve Hong Kong Patients from Years-long Waiting Times
  15. Sennheiser and Lumens Unite to Deliver True Meeting Equity
  16. A Spotlight on Japan’s Gateways to the Country
  17. MDIS International Foundation Diploma Opens Doors to Universities for More Students in Singapore
  18. OPPO Launches Find N2 Flip Globally Marking A New Benchmark for Flip Phones
  19. Cushman & Wakefield's Response to Budget 2023/24
  20. FinTech Olympiad Competition: Registration is Now Open Encouraging Tertiary Students to Propose FinTech-enabled Social Innovations that Help Solve Real-World Problems
  21. Hilton Leads the Way in Infusing Wellness into MICE Events
  22. Anil Wadhwani Joins Prudential Plc as Chief Executive
  23. MQDC Unveils Cloud 11 as Asia’s Largest Hub for Content Creators with "Empowering Creators" Concept
  24. Kerry Logistics Network Receives "Transport and Logistics - Silver Award" At the Hong Kong Awards for Environmental Excellence 2021
  25. GEODIS partners with Volvo Australia to pilot electric trucks for freight forwarding
  26. Kenanga Investors Sweeps Five Awards At 2023 Best of the Best Awards by Asia Asset Management
  27. Generali Hong Kong garners "Award for Excellence in Wealth Accumulation Products" at Ming Pao Awards for Excellence in Finance 2023
  28. OPPO to Unveil New Core Technologies and Innovations at MWC 2023
  29. Equities First Holdings Podcast Series, Shelter from the Storm: Investing in the era of uncertainty on Responding to global recession prospects in 2023: West vs. Asia Pacific
  30. PolyU to roll out International Summer School 2023, offering students in-person experience of inspiring courses and cultural exchange activities
  31. HKAES International Bay Area Summit 2023 officially kicks off Experts around the world deliberate on the sustainable development of Greater Bay Area
  32. Global C-Pop Artist and Fashion Icon Tia Lee makes waves at London Fashion Week
  33. Taste the Spice with 7-Eleven's NEW Fiery and Tasty Meals!
  34. Primal Shares 2023 Digital Marketing Outlook After Winning Best In-House Team at APAC Search Awards 2023
  35. Multiple content creators including Singaporean DJ Wukong have released their digital passes on Metabay to further their connections with fans
  36. Okta Appoints Neville Vincent as Vice President, Asia
  37. Jebsen & Jessen Acquires Industrial Products Business from Konecranes
  38. Oliver Healthcare Packaging to set-up 122,000 square foot manufacturing facility in Malaysia to meet growing demand for pharmaceutical and medical device products in Asia-Pacific
  39. CHEP accredited as a Top Employer in Malaysia
  40. FWD Greater Bay Area’s survey on healthcare protection reveals 75% of respondents in Hong Kong are concerned about an anticipated increase in medical expenditure in the next decade
  41. 5 security tips to avoid malware on the internet in 2023
  42. Chartered Association of Building Engineers’ First-ever Asia Pacific Conference "Constructing our Future" Chart the way forward
  43. HIKMICRO Demo New Products at Leading Outdoor Shows BSS and IWA 2023
  44. Tai Sang Land Development Celebrates Golden Jubilee
  45. Singapore achieves its highest fintech funding in three years, even as global fintech investment takes a hit due to economic conditions, lower valuations and turbulence in the crypto space: KPMG Pulse of Fintech H2’22
  46. Club Travel announces partnership with Agoda. Upgraded platform to offer flight and accommodation options at over a thousand popular destinations
  47. KPMG China expects border reopening provides opportunity to turn around the Government’s deficit
  48. Bartra Wealth Advisors responds to the closure of the Ireland Immigrant Investor Programme (IIP)
  49. German President Steinmeier visits Infineon site in Kulim, Malaysia; New exhaust air purification system will significantly improve Infineon's positive climate footprint
  50. Türkiye earthquake: World Vision provides fuel and heaters in Northwest Syria

Times Magazine

Melbourne Local Steps Outside Her Comfort Zone to Compete for Miss World Australia 2027

From working in Melbourne real estate, building a career and now stepping into the Miss World Prel...

Award-Winning Author Cara Barilla Writes I Pray for My Teachers to celebrate Sydney Catholic Schools

Following her recognition as the winner of the 2024 Christian Literature Book Awards, Australian aut...

Technology

MISSION 1, MISSION 1 PRO and MISSIO…

Today, GoPro, Inc. (NASDAQ: GPRO) announced that its MISSION 1 Series of compact cinema cameras ha...

Local News

Fitstop Global Games to Bring 1,000…

The Australian-born fitness brand is bringing its global competition home, with athletes from across...

Culture

Kenwood My Pizzeria Pizza Oven – The easy-to-…

Pizza at home can be tricky. For years I settled on ‘cook from frozen’ mass produced ones that could...

Travel

School holiday pricing: fair market economics…

Every Australian family with school-aged children knows the pattern. Look at an airfare, hotel ro...

The Times Features

Kenwood My Pizzeria Pizza Oven – The easy-to-use workto…

Pizza at home can be tricky. For years I settled on ‘cook from frozen’ mass produced ones that could...

Melbourne Local Steps Outside Her Comfort Zone to Compe…

From working in Melbourne real estate, building a career and now stepping into the Miss World Prel...

Award-Winning Author Cara Barilla Writes I Pray for My …

Following her recognition as the winner of the 2024 Christian Literature Book Awards, Australian aut...