BERNAMA - MSC 2Q NET PROFIT FALLS TO RM28 45 MLN ON LOWER TIN PRICE bernama.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bernama.com Daily Mail and Mail on Sunday newspapers.
Malaysia Smelting Corp Bhd (MSC) has posted a 59.6% decline in its net profit to RM25.89 million for the fourth quarter ended Dec 31, 2022 (4QFY2022) from RM64.07 million a year earlier, due mainly to lower average tin price. The average price fell to RM98,100 per tonne compared with RM158,300 in 4QFY2021, the group said in a bourse filing
KUALA LUMPUR (May 18): Tin miner and metal producer Malaysia Smelting Corp Bhd (MSC)’s net profit for the first quarter ended March 31, 2022 (1QFY22) climbed almost three-fold or 190.86% higher to RM64.34 million, from RM22.12 million in the same period last year.
KUALA LUMPUR: The Forest Research Institute Malaysia (Frim) and Rahman Hydraulic Tin Sdn Bhd (RHT) have initiated a reafforestation project on a former tin mine land of 20ha at RHT Klian Intan, Gerik, Hulu Perak.