On March 3, the company announced that it had temporarily suspended on-site operations at its facilities in Bahrain and the United Arab Emirates.
MTQ Corporation warns that based on a preliminary assessment, it will likely recognise a goodwill impairment due to uncertain market conditions in the Middle East.
As a result, the company expects to record a net loss for its 2HFY2026 and FY2026 ended March 31.
