The Kuala Lumpur-listed shipowner booked income of MYR 1.08bn($325m) for the three months to 31 December compared to MYR 721.11m a year ago.
MISC said the improved profit showing was down to its 50% shareof the Gumusut-Kakap Floating Production System.
Revenue for the period declined by 7.1% to MYR 2.14bn from MYR2.3bn in the final leg of 2012.
The drop was partly down to a reduction in size of its tankerfleet and cold layup of some vessels though that was partly offset by higherrevenue from its LNG fleet and offshore business segment.
