Stock Analysis

MQ Technology Berhad Full Year 2023 Earnings: RM0.011 loss per share (vs RM0.002 profit in FY 2022)

KLSE:MQTECH
Source: Shutterstock

MQ Technology Berhad (KLSE:MQTECH) Full Year 2023 Results

Key Financial Results

  • Revenue: RM6.75m (down 58% from FY 2022).
  • Net loss: RM15.1m (down from RM2.18m profit in FY 2022).
  • RM0.011 loss per share (down from RM0.002 profit in FY 2022).
earnings-and-revenue-history
KLSE:MQTECH Earnings and Revenue History December 1st 2023

All figures shown in the chart above are for the trailing 12 month (TTM) period

MQ Technology Berhad's share price is broadly unchanged from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for MQ Technology Berhad (3 can't be ignored!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

About KLSE:MQTECH

MQ Technology Berhad

An investment holding company, engages in the manufacture and sale of molds, tools, dies, jigs, and fixtures primarily for use in the production of hard disk drives, telecommunications, and semiconductors industries in Malaysia, Thailand, Ireland, Singapore, the United States.

Medium-low with mediocre balance sheet.