This impacted the group's overall refined tin production and smelting revenue in 2QFY2024. In the previous year, the annual re-bricking and maintenance occurred from mid-June to mid-August 2023, causing the impact to be felt in different financial quarters.
Dual-listed tin miner and metal producer Malaysia Smelting Corporation (MSC) has posted profit after tax of RM4.7 million ($1.37 million) for 2QFY2024 ended June, 71.2% lower y-o-y.
The Bursa- and Singapore-listed company attributed the softer performance to MSC’s annual re-bricking and scheduled maintenance of the Top Submerged Lance (TSL) furnace, which took place from mid-May to mid-July.
