MQ Technology Q2 FY27 net loss widens year on year to RM 8.25 million

Bitget2026/10/29 09:37

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MQ Technology's FY27 second-quarter loss before tax widened year over year to RM 8.25 million.
Revenue rose 36% year over year to RM 2.98 million, due to growing HDD demand linked to AI development.
The pretax loss increased due to property disposal losses, factory rental costs and redeemable convertible bond financing expenses.
Subsidiary MQ AI signed an exclusive agreement with Exands in September for AI-powered air-conditioning energy-saving projects in Malaysia and Indonesia.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MQ Technology Bhd published the original content used to generate this news brief via Bursa Malaysia (KLSE) (Ref. ID: 3720206) on October 29, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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MQ Technology Q2 FY27 net loss widens year on year to RM 8.25 million

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