Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Malaysia Smelting 2Q FY26 profit attributable to owners more than doubled to RM 34.02 million; revenue rises 68% to RM 637.27 million

Malaysia Smelting 2Q FY26 profit attributable to owners more than doubled to RM 34.02 million; revenue rises 68% to RM 637.27 million

ReutersReuters2026/08/12 09:11
  • MSC posted 2Q net profit of RM 41.74 million, more than doubled year-on-year, as revenue rose 68% to RM 637.27 million.
  • Operating profit climbed to RM 60.94 million, more than doubled from a year earlier, while basic EPS increased to 4 sen.
  • 1H net profit attributable to shareholders more than doubled to RM 76.95 million, while revenue rose 46% to RM 1.09 billion.
  • Profitability was supported by higher refined tin sales volumes and higher average tin prices, with 2Q average at RM 208,400 per tonne.
  • Outlook flagged elevated tin prices on tightening supply; operations remain focused on efficiency at Pulau Indah following Butterworth’s closure.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MSC - Malaysia Smelting Corporation Bhd published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: Z1V6S9V0I58HLW59) on August 12, 2026, and is solely responsible for the information contained therein.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!