MSC quarterly net profit up to RM20mil


Malaysia Smelting Corp Bhd group chief executive officer Datuk Patrick Yong.

PETALING JAYA: The broader outlook for tin remains favourable with sustained demand from emerging technology driven industries, according to Malaysia Smelting Corp Bhd (MSC).

On the other hand, its group chief executive Datuk Patrick Yong said global supply of tin remained comparatively constrained, even as demand continued to strengthen.

For the third quarter ended September (3Q25), the group saw net profit climb 42.7% year-on-year (y-o-y) to RM20.4mil, as revenue also grew 12.7% to RM529.5mil.

In a filing with Bursa Malaysia, MSC attributed the revenue growth to higher sales of refined tin and tin bearing intermediates, and higher average tin price of RM143,500 per tonne during the quarter.

Higher tin production quantity also contributed to the y-o-y improvement in profitability for 3Q25. For the nine-month ended September, net profit dipped 14.6% y-o-y to RM42.1mil, despite the 2.8% growth in turnover to RM1.28bil.

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