MISC reported its revenue declined by 3.6% to RM2.147bil from RM2.229bil in the third quarter ended Sept 30,2019.
KUALA LUMPUR: MISC Bhd
posted lower net profit of RM266.10mil in the third quarter ended Sept 30,2019 due to higher impairment of assets and finance costs coupled with higher gain on acquisition of a business a year ago.
The liquified natural gas (LNG) carrier announced on Wednesday net profit fell by 21.9% from RM341mil a year ago. Group profit before tax of RM287.5mil was lower than RM351.1mil a year ago. Earnings per share were six sen compared with 7.6 sen. It declared an interim dividend of seven sen a share, similar to last year.
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