Malaysian tanker and gas carrier owner MISC has benefited from better markets as profit rose in the first quarter.

Net earnings were MYR 510.5m ($121.8m) versus MYR 310.6m in the same period of 2018.

Revenue grew to MYR 2.28bn against MYR 2.02bn, it said.

LNG carriers produced revenue of MYR 625.4m