MISC net profit rises 55.3% in Q3

On the group’s prospects, MISC president and group CEO Datuk Yee Yang Chien (pic) said oil and gas demand remained on a rising trend, while the global economy appeared to continuously recover to pre-pandemic levels.

PETALING JAYA: MISC Bhd’s net profit rose 55.3% to RM401mil in the third quarter ended Sept 30, 2021 from RM258.3mil in the corresponding quarter last year, thanks to a higher contribution from the offshore business and LNG Asset Solutions segments.

The board of directors declared a third interim dividend of seven sen per share going ex on Dec 2, 2021, and payable on Dec 14, 2021.