Malaysia International Shipping Corp Bhd (MISC) said its net profit for the April-to-June quarter rose more than 100% to RM920.2 million on account of higher freight rates and an exceptional gain from the sale of 17 vessels. (US$1=RM3.8). Turnover rose 57% to RM2.3 billion while pre-tax profit came to RM924.6 million from RM462 million previously….
MALAYSIA: MISC reports sharp rise in first-quarter net profit to RM920 million
Posted on August 17, 2004 by EnergyAsia