MQ Technology Berhad (KLSE:MQTECH) recently released its second quarter 2024 financial results, showing a revenue of RM1.14m, which was a 5.7% decrease from the same period in 2023. The net loss for the quarter was RM1.74m, representing a significant improvement of 47% from the previous year. Additionally, the loss per share improved to RM0.001 from RM0.002 in the second quarter of 2023.
Despite the relatively stable share price compared to a week ago, investors should be aware of six warning signs that have been identified with four of them raising concerns. It is crucial for investors to take these risks into account before making any investment decisions.
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Investors should exercise caution when investing in MQ Technology Berhad due to several warning signs that have been identified with four raising concerns.
The company reported its second quarter 2024 financial results, which showed a revenue of RM1.14m, which was a decrease of 5.7% from the same period last year.
The net loss for the quarter was RM1.74m, representing a significant improvement of 47% from the previous year’s loss.
Additionally, the loss per share improved to RM0
