MTQ: Will Report A Loss In 4Q15 Due To Goodwill Impairment Charges.

27 Mar 2015 17:54

MTQ Corporation Limited is likely to incur goodwill impairment charges with respect to the Engine Systems and Binder Engineering operations in Australia in the last quarter of the financial year ended 31 March 2015. The goodwill impairment charges will result in a loss making fourth quarter of FY2015. Nonetheless, the Group is expected to be profitable for FY2015...

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Source: ShareInvestor Express