Link: https://links.sgx.com/1.0.0/corporate-announcements/B5GBMRTL78GAYD91/36fc0a16fa951bbaa272627df2b35b328ee5fcb1e6dcfc800cc6d1e88ae1c6a5

Summary:

• MTQ Corporation Limited reported a decrease in revenue for both the second half and full financial year 2025, with full-year revenue reaching S$63.3 million (down 5.5%).
• Despite the revenue decline, the company achieved an improved gross profit margin and a significant increase in profit after tax (excluding a prior year one-off gain), rising by 59% to S$4.8 million for the full year.
• The Board has recommended a final dividend of 0.5 Singapore cents per share.
• Key operational updates included the completion of the Pemac disposal and varied regional performance, with lower contributions from Bahrain offset by growth in Singapore.
• MTQ is actively focused on strategic expansion, with its UAE facility construction nearing completion, and is optimistic about improved performance in Bahrain as rig operations resume.