PETALING JAYA: MISC Bhd
recorded a net profit of RM376.4mil in the first quarter ended March 31, 2022 (1Q22), a 12.42% drop from RM429.8mil in the same quarter last year on higher finance costs coupled with a lower share of profits from joint-venture entities.
In a statement, the shipping and maritime services group said operating profit for the quarter was 11.4% higher at RM516.9mil compared with the previous corresponding quarter.
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