MISC's net profit slips to RM627.3mil in 4Q


KUALA LUMPUR: MISC Bhd recorded a weaker performance in the fourth quarter of 2023 (4QFY23) on the back of lower operating profit in the offshore business segment due to lower construction progress and additional cost provisions.

Meanwhile, the group also reported higher vessel operating costs, which took a bite out of the gas assets and solutions segment's operating profit.

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MISC , LNG , shipping , oil and gas , petroleum , engineering

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