MSC Reports 42.7% Increase in 3QFY25 Net Profit
Malaysia Smelting Corporation Berhad (MSC) reported a 42.7% increase in net profit for the third quarter of FY25, reaching RM20.4 million. This growth was driven by higher sales of refined tin and improved tin prices, despite losses in the tin smelting division. The tin mining segment saw an 8.0% rise in profit, contributing to the overall financial growth.
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The latest update is out from Malaysia Smelting Corp. Bhd. ( (SG:NPW) ).
Malaysia Smelting Corporation Berhad (MSC) reported a 42.7% increase in net profit for the third quarter of FY25, reaching RM20.4 million, driven by higher sales of refined tin and improved tin prices. Despite a loss in the tin smelting division due to trading losses and foreign exchange impacts, the tin mining segment saw an 8.0% rise in profit, contributing to the overall financial growth.
More about Malaysia Smelting Corp. Bhd.
Malaysia Smelting Corporation Berhad (MSC) operates in the tin mining and metal production industry, focusing on the production and sale of refined tin and tin-bearing intermediates.
Average Trading Volume: 28,326
Technical Sentiment Signal: Strong Buy
Current Market Cap: S$379.3M
For a thorough assessment of NPW stock, go to TipRanks’ Stock Analysis page.
