SINGAPORE (July 23): Engineering, maintenance and subsea services group MTQ Corporation has reported earnings of $0.8 million for the 1Q20 ended June, reversing out of a loss of $3.5 million in the corresponding quarter last year.
Earnings per share (EPS) rose to 0.35 cents for 1Q20, compared to loss per share of 1.71 cents in 1Q19.
1Q20 revenue jumped 59% to $38.5 million, from $24.3 million a year ago.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)