MISC braves volatile energy market with contract wins

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For the third quarter ended Sept 30, 2022, MISC reported a net profit of RM821mil, a 104.6% increase year-on-year.

MISC is riding on the prospect of winning new jobs as well as upgrading its tankers to become more eco-friendly, which would raise its environmental, social and governance rating among investors., which posted stellar profits in its latest quarter, is continuing to ride on high liquified natural gas prices and shipping rates.

The company is also riding on the prospect of winning new jobs. Another big positive is the fact that MISC is upgrading its tankers to become more eco-friendly, which should raise its environmental, social and governance rating among investors.

 

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