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
Source: theedgemarkets.com