On the outlook, it said the LNG shipping market, spot charter rates have strengthened ahead of the traditionally busy winter trading season on the back of Asia-LNG demand recovery and buyers securing supplies in anticipation of the colder months.
KUALA LUMPUR: MISC Bhd
posted lower net profit of RM258.30mil in the third quarter ended Sept 30,2020 due to lower revenue from the liquified natural gas (LNG), petroleum and offshore segments but it maintained its dividend payout of seven sen a share.
It announced to Bursa Malaysia on Tuesday these factors saw net profit declining by 2.9% from the RM266.10mil a year ago. Its operating profit of RM330mil was down by RM46.4mil when compared with RM376.40mil a year ago.
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