Higher freight rates lift MISC earnings in Q1


MISC

KUALA LUMPUR: MISC Bhd, the shipping company controlled by Petronas, posted a jump in first quarter earnings on higher freight rates .

Net profit in the three-month ended March 31 soared 64% to RM510.5mil, or 11.4 sen a share compared with RM310.6mil, or 7 sen a share made a year earlier.

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