Malaysia Smelting Corp. Bhd. (SG:NPW) has released an update.
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Malaysia Smelting Corporation Berhad (MSC) has announced an interim dividend of 7.0 sen per share for FY2024, amounting to a RM29.4 million payout, affirming their commitment to long-term shareholder value and consistent returns. The dividend is in line with their policy of distributing a minimum of 30% of net profits, following a 15.9% revenue growth in the first half of the year. Despite a decrease in net profit compared to the previous half-year, MSC maintains a strong focus on sustainable business growth and rewarding investors.
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