Rising Tin Prices Lifts MSC's Prospects

Malaysia Smelting Corporation Bhd's (MSC) recent performance and outlook of a core net profit of RM18.3 million for 1Q24, showing a significant 66% increase quarter-on-quarter but a 48% decline year-on-year (yoy) highlighted by Malacca Securities Investment Bank (Malacca Securities), in its update today (9 July, Tuesday).

Business TodayJul 9 01:35 ET

Malaysia Smelting's Profit Nearly Halves in Q1

Malaysia Smelting (SGX:NPW, KLSE:MSC) saw a decline in attributable profit to 18.2 million ringgit in the first quarter, from 35.4 million ringgit for the first quarter. Earnings stood at 0.043 ringgi

MT NewswiresMay 27 06:32 ET

Malaysia Smelting Corp's 1Q Net Profit Drops 48.5%

Tin smelting and mining outfit Malaysia Smelting Corp Bhd’s (KL:MSC) net profit for the first quarter ended March 31, 2024 (1QFY2024) fell 48.5% to RM18.24 million from RM35.41 million a year earlier, mainly due to the absence of sale of refined tin from processed tin intermediates, sales of by-products, coupled with lower tin production.

The Edge MarketsMay 24 06:35 ET

Malaysia Smelting Corp Announces Final Dividend of Seven Sen per Share

Tin producer Malaysia Smelting Corp Bhd (MSC) on Monday declared a final dividend of seven sen per share, amounting to RM29.4 million, for the financial year ended Dec 31, 2023 (FY2023).

The Edge MarketsApr 29 06:43 ET

Malaysia Smelting's Profit Drops in Q4 2023

Malaysia Smelting (SGX:NPW, KLSE:MSC) said its attributable profit plunged to 9.4 million ringgit from 25.8 million ringgit in the fourth quarter of 2023. Basic earnings stood at 0.0220 ringgit per sh

MT NewswiresFeb 16 01:48 ET

Malaysia Smelting Corp Shares Retreat Following 64% Drop in 4Q Net Profit, Downgrade

Malaysia Smelting Corp Bhd (MSC) dropped as much as 2.9% to a low of RM2.01 in early trade on Friday, following its announcement of a 64% decline in net profit for the fourth quarter ended Dec 31, 2023 (4QFY2023).

The Edge MarketsFeb 16 01:33 ET