MSC's 1Q net profit falls to RM7.72mil


KUALA LUMPUR: A one off-additional tax assessment on Malaysia Smelting Corp Bhd's (MSC) subsidiary impacted the group's net profit in the first quarter of 2025 (1QFY25), despite favourable tin prices aiding an expansion the group's quarterly revenue.

During the quarter under review, MSC recorded a net profit of RM7.72mil, less than half the posting of RM18.24mil in the year-ago quarter.

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MSC , tin , metal , smelting , mining

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