Floating Button
The Edge Singapore
Sign In
Home Capital Results
Premium
Results

MTQ 1Q losses widen to $3 mil on lower subsea activities at Neptune

Samantha Chiew
Samantha Chiew • 1 min read
MTQ 1Q losses widen to $3 mil on lower subsea activities at Neptune
SINGAPORE (July 25): MTQ, the regional engineering, maintenance and subsea services group, reported 1Q18 net loss widened to $3 million from $2.2 million a year ago.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 25): MTQ, the regional engineering, maintenance and subsea services group, reported 1Q18 net loss widened to $3 million from $2.2 million a year ago.

Revenue fell 12% to $30.5 million revenue from a year ago.

This was due to lower activity in the Neptune segment.

TAGS
MTQ Corporation
Neptune
1Q earnings
1Q results

Highlights

Trending Now
Mapletree fund winds down as US$1.4 bil student dorm bet sours
Maybank initiates ‘buy’ call for Seatrium
Keppel's close of planned sale of M1 to Simba extended
Yangzijiang Financial clears the decks after China’s credit boom
Winter is coming: Singapore Inc’s moment of truth

Related News

MTQ Corporation earnings at $4.84 mil for FY2025, up 59% y-o-y
Results

MTQ Corporation earnings at $4.84 mil for FY2025, up 59% y-o-y

May 13, 2025
MTQ posts higher FY2024 earnings with lift from property sale
Results

MTQ posts higher FY2024 earnings with lift from property sale

May 10, 2024
NeraTel posts 44.7% decline in revenue of $22.3 mil in 1QFY2024, grows order intake by 61.1%
Results

NeraTel posts 44.7% decline in revenue of $22.3 mil in 1QFY2024, grows order intake by 61.1%

May 02, 2024
Get market-moving insights before anyone else
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
Topics
Broker's CallsResultsBanking & finance
PropertyContractsAll flash categories
Products & Services
NewsNewsletterVideosOptions
SG60AdvertisingT&CsSitemap
About Us
Our CompanyContact UsEditorial TeamJoin Us
Advertise with usFAQsPrivacy PolicyMalaysiaEvents
© 2026 The Edge Publishing Pte Ltd. All rights reserved.