Top foreign and local stories at 3pm

MISC earnings jump in Q2: MISC Bhd’s earnings surged 158% to RM745.18mil in the second quarter while revenue rose 2.4% to RM2.60bil. Earnings per share were 16.7 sen compared with 6.5 sen before. It declared a dividend of 7.5 sen a share. — StarBiz

Newly-listed Xin Hwa gets MMHE contracts: Malaysia Marine and Heavy Engineering Holdings Bhd (MHB) has awarded two contracts worth RM1.6mil to Xin Hwa Holdings Bhd unit Xin Hwa Trading & Transport Sdn Bhd. The recently-listed logistics service provider told Bursa Malaysia that it received a contract from MHB unit Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE) to transport spent copper slag from its yard to the site of its customer(s) while the other job was to transport sludge from Terengganu and Malacca to MMHE’s subsidiary Techno Indah Sdn Bhd. — StarBiz