For the Financial Period Ended: 31-03-2013
Profit Guidance for the period ended 31 March 2013
The Board of Directors of MTQ Corporation Limited (the "Company") would like to refer to the attached announcement on the ASX by its listed-subsidiary, Neptune Marine Services Limited ("Neptune"). With the newly awarded contracts and existing contracts, the business outlook for Neptune has improved.
The preliminary assessment of the Neptune's unaudited financial results indicate that Neptune is poised to record a profitable quarter for the period ended 31 March 2013. Arising from this, the Directors expect MTQ Group to report a significantly higher profit for the fourth quarter ended 31 March 2013.
Further information on the Group's performance for the 4Q2013 and full year ended 31 March 2013 would be provided when the Company releases it results announcement.
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