The Malaysianshipowner saw net income jump to MYR 511.8m ($158.7m) compared to the MYR336.7m achieved twelve months earlier.
Revenuefor the three month period contracted 3.7% to MYR 2.3bn, while costs declined15% year-on-year to MYR 1.57bn.
MISC’senergy-related business, which includes LNG, petroleum and chemical shipping,reported an operating profit of MYR 450m.
It attributed the improvedperformance to improved freight rates and higher volumes of lighteringactivities at its petroleum business.
However,
