MISC Group: MISC off to a slow start with 22% drop in Q1 revenue, PAT lower at RM 705 million

Shipping giant, MISC reported a revenue of RM2.8 billion which was RM822.2 million or 22.6% lower than the quarter ended 31 March 2024 of RM3.6 billion, while Group operating profit of RM857.2 million was RM24.8 million or 2.8% lower than the corresponding quarter's profit of RM882.0 million. Net profit for the quarter was also lower [...] The post MISC off to a slow start with 22% drop in Q1 revenue, PAT lower at RM 705 million appeared first on Shipping Herald.