MISC has seen its fourth quarter net profit drop by almost 25% despite the strong tanker market, figures released Friday show.
The Malaysian shipowner said net income was MYR 752.4m ($182m) versus the MYR 991.6m seen in the last three months of 2014.
Revenue for the quarter was MYR 3.3bn, a year-on-year increase of close to 45%. The cost of sales showed a 41% increase to MYR 2.3bn.
However,
