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Wednesday, 12 August 2026

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MSC’s 2QFY26 Net Profit More Than Doubles to RM34 Million on Higher Output and Surging Tin Prices

By Abigail Cheong3 min read

Kuala Lumpur, 12 August 2026 – Integrated tin miner and metal producer Malaysia Smelting Corporation Berhad (MSC) reported a net profit attributable to owners of RM34.0 million for the second quarter ended 30 June 2026 (2QFY26), representing a more than two-fold increase from RM13.9 million recorded in the corresponding quarter last year.

Group revenue for 2QFY26 expanded by 68.2 percent year-on-year to RM637.3 million, up from RM379.0 million in 2QFY25. Top-line growth was primarily propelled by a 44.7 percent increase in refined tin sales volume alongside a 49.1 percent surge in average realized tin prices, which rose to RM208,400 per metric tonne (MT) compared to RM139,800 per MT in 2QFY25.

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Author

  • I am Abigail, a journalist at The Ledger Asia, covering business and finance with a focus on the Malaysian Stock Market and key economic developments across Asia. Known for clear, accessible reporting, I deliver insights that help readers understand market trends, corporate movements, and regional news shaping the Asian economy.