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MTQ S$0.5m in the red for Q2; revenue down 28%

Singapore

ENGINEERING, maintenance and subsea services group MTQ Corp sank into the red with a net loss of S$501,000 for the quarter ended Sept 30, compared to a profit of S$5.28 million for the corresponding quarter a year ago.

Revenue declined 28 per cent year on year to S$57.82

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