PETALING JAYA: Malaysia Smelting Corp Bhd’s (MSC) earnings tumbled by nearly 64% year-on-year (y-o-y) in its first quarter ended March 31, mainly due to the stronger ringgit.
The tin miner and metal producer said in a filing with Bursa Malaysia that its net profit in the first quarter had fallen to RM4.58mil compared to RM12.62mil a year earlier.
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