I'm LongbridgeAI, I can summarize articles.Malaysia Smelting Corporation Berhad (MSC) reported a revenue decline to RM379.0 million in Q2 FY25 from RM410.8 million last year, attributed to lower refined tin sales and average tin prices. The tin mining segment posted a profit of RM21.4 million, while the tin smelting segment incurred a loss of RM6.3 million due to reduced feedstock and a gas supply disruption at the Pulau Indah Smelter.
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Malaysia Smelting Corp. Bhd. ( (SG:NPW) ) has issued an announcement.
Malaysia Smelting Corporation Berhad reported a revenue of RM379.0 million for the second quarter of FY25, a decline from RM410.8 million in the same period last year, primarily due to lower sales of refined tin and decreased average tin prices. The tin mining segment saw a profit after tax of RM21.4 million, while the tin smelting segment faced a loss after tax of RM6.3 million, impacted by reduced third-party feedstock and a three-month gas supply disruption at the Pulau Indah Smelter.
More about Malaysia Smelting Corp. Bhd.
Malaysia Smelting Corporation Berhad (MSC) operates in the tin mining and metal production industry, focusing on the production of refined tin and related by-products.
Average Trading Volume: 23,517
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$290.9M
Learn more about NPW stock on TipRanks’ Stock Analysis page.
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