MSC ends two years of losses


PETALING JAYA: Malaysia Smelting Corp Bhd (MSC) turned around last year after posting two years of losses, announcing earnings of RM37.45mil for the financial year ended Dec 31, 2016 (FY16).

In a filing with Bursa Malaysia, the world’s second-largest tin metal supplier said the swing from a net loss of RM4.8mil in 2015 was achieved on a 1% higher revenue of RM1.48bil.

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