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Malaysia Smelting posts 59.6% decline in 4Q profit, proposes seven sen dividend

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 Patrick Yong Pulau Indah Malaysia Smelting Corp Bhd Datuk Dr Patrick Rahman Hydraulic Tin

Malaysia Smelting Corp 2Q profit jumps to RM39 mil on higher tin prices

Malaysia Smelting Corporation Bhd's (MSC) second quarter net profit jumped by over 13 times to RM39.45 million from RM2.93 million a year earlier, on the back of higher revenue. Earnings per share for the quarter ended June 30, 2022 rose to 9.4 sen from 0.7 sen, according to the group's filing with Bursa Malaysia.
Kuala Lumpur Patrick Yong Pulau Indah Malaysia Smelting Corporation Bhd

Higher tin prices lift Malaysia Smelting Corp to post higher net profit of RM22.12m

KUALA LUMPUR (May 7): Malaysia Smelting Corp Bhd returned to black with a net profit of RM22.12 million in the first quarter ended March 31, 2021 (1QFY21) against a net loss of RM13.19 million a year before, on the back of higher average tin prices. Quarterly revenue increased by one-third to RM275.91 million from RM205.31 million a year ago, thanks to higher refined tin sales and more favourable average tin prices, ย the companyโ€™s filing with Bursa Malaysia showed.ย  The groupโ€™s tin mining...
Kuala Lumpur City Of United Kingdom Patrick Yong Pulau Indah London Metal Exchange

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