KUALA LUMPUR: Tin miner and metal producer Malaysia Smelting Corp Bhd (MSC) says the high cost of starting a new plant to impact its earnings this year.
Already, the higher cost had contributed to the 64% drop in net profit to RM4.58mil in the first quarter ended March 31 compared with RM12.62mil made a year ago.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!