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You are here: Home Archive 2012 August 20 MISC returns to profit

MISC returns to profit

by Lloyd's List last modified Aug 20, 2012 12:20 PM

Malaysian tanker giant MISC has returned to the black in the second quarter after two consecutive quarters of losses, posting a net profit of RM436.7m ($139.4m).

The gain also compares favourably to the profit of RM189.9m that the company posted in the second quarter of 2011.

Losses associated with MISC’s exit from the container line business have also diminished.

It posted RM44.8m in...

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