MISC posts earnings 3Q jump to RM401mil, div of 7c/share


KUALA LUMPUR: MISC Bhd recorded a net profit of RM401mil in the third quarter ended Sept 30, 2021, a 55.25% jump over RM258.3mil in the previous corresponding quarter on higher contribution from the offshore business and LNG Asset Solutions segments.

Group revenue for the quarter was RM2.69bil, 30.7% higher than the comparative quarter's revenue of RM2.06bil due to revenue recognition from the conversion of a floating, production, storage and offloading (FPSO) vessel.

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MISC , LNG , offshore

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