MISC Berhad engages in ship owning, operating, and other related activities worldwide. It operates through three segments: Energy Related Shipping, Other Energy Businesses, and Non-Shipping and Others. The company engages in the provision of liquefied natural gas (LNG), petroleum tanker, and chemical tanker services; and operation and maintenance of oil and petrochemical products at storage terminals, and offshore floating terminals, as well as in marine repair, marine conversion, and oil and gas engineering and construction works. It also offers integrated logistics services comprising project cargo logistics, freight forwarding, transportation, warehousing, supply chain management, duty an...
Jalan Sultan Hishamuddin
Kuala Lumpur, 50050
Founded in 1968
MISC Berhad Reports Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2015; Provides Earnings Guidance for the Year 2016
Feb 5 16
MISC Berhad reported unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2015. For the quarter, the company’s revenue was MYR 3,312,062,000 against MYR 2,286,791,000 a year ago. Operating profit was MYR 1,082,383,000 against MYR 468,873,000 a year ago. Profit before tax was MYR 763,133,000 against MYR 1,027,397,000 a year ago. Profit for the period was MYR 752,389,000 against MYR 991,609,000 a year ago. Profit attributable to equity holders of the corporation was MYR 752,720,000 against MYR 959,034,000 a year ago. Basic & diluted earnings per share attributable to equity holders of the corporation were MYR 16.9 against MYR 21.5 a year ago.
For the year, the company’s revenue was MYR 10,908,386,000 against MYR 9,296,254,000 a year ago. Operating profit was MYR 2,836,870,000 against MYR 1,841,324,000 a year ago. Profit before tax was MYR 2,566,857,000 against MYR 2,410,348,000 a year ago. Profit for the period was MYR 2,535,107,000 against MYR 2,320,037,000 a year ago. Profit attributable to equity holders of the corporation was MYR 2,467,780,000 against MYR 2,204,310,000 a year ago. Basic & diluted earnings per share attributable to equity holders of the corporation were MYR 55.3 against MYR 49.4 a year ago. Net cash flows generated from operating activities was MYR 4,116,934,000 against MYR 2,845,712,000 a year ago. Purchase of ships, offshore floating assets and other property, plant and equipment was MYR 3,222,627,000 against MYR 1,708,835,000 a year ago.
Operationally, the Group is expected to sustain its financial performance in 2015 into the current financial year 2016.