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MISC Group reports increased revenue and profit

Published by
LNG Industry,


MISC has announced its results for the financial period ended 31 March 2019.

Financial highlights:

  • Group revenue for the quarter ended 31 March 2019 was higher than the corresponding quarter ended 31 March 2018.
  • Group profit before tax for the quarter ended 31 March 2019 was higher than the corresponding quarter ended 31 March 2018.

MISC’s President/Group Chief Executive Officer, Yee Yang Chien, comments:

“Global energy volatility would linger for yet a while and we have been taking the necessary steps to continuously shape and future-proof our business. Despite the prevailing challenges, MISC once again proved its resilience by turning in commendable financial and operational performances across our business segments. We expect no less than another challenging year ahead. Nonetheless, we are confident of the growth opportunities available in the global energy industry and we believe we have the resources and financial stability to support our long-term efforts in strengthening our position in the market as well as filling the growth pipeline with a right mix of new projects.”

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/24052019/misc-group-reports-increased-revenue-and-profit/

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