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Corporate News

Record-high net profit in FY21 for MSC

Malaysia Smelting Corp Bhd group CEO Datuk Dr. Patrick Yong

KUALA LUMPUR: Malaysia Smelting Corp Bhd (MSC) Friday reported an over four-fold increase in its net profit to RM64.07mil in the fourth quarter ended Dec 31, 2021 (4Q21) from RM14.92mil a year ago.

Its revenue for the quarter stood at RM255.05mil, up 9.7% against RM232.57mil achieved a year prior.

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MSC , Malaysia Smelting Corp , mining , smelting , force majeure

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