Kuala Lumpur, 22 May 2026 – Malaysia Smelting Corporation Berhad delivered a sharply stronger start to FY2026, with net profit attributable to owners rising more than five-fold to RM42.9 million for the first quarter ended 31 March 2026, supported by higher tin prices, stronger mining performance and improved smelting efficiencies.
The tin miner and metal producer recorded revenue of RM457.0 million in 1QFY26, representing a 24% increase from RM369.8 million in the corresponding quarter last year. The stronger top-line performance was mainly supported by a higher average tin price of RM193,100 per metric tonne, compared with RM142,000 per metric tonne in 1QFY25. Revenue was also lifted by increased sales of tin-bearing intermediates, although this was partially offset by lower refined tin sales volume during the quarter.
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