MISC Berhad Reports Second Quarter Financial Results for 2025

Kuala Lumpur, August 25, 2025 — MISC Berhad, a leading Malaysian industrial company specializing in energy-related maritime solutions, has announced its financial results for the second quarter ended June 30, 2025. The company, which operates under various segments including LNG, Petroleum, Offshore, and Heavy Engineering, reported a net profit of RM464.4 million for the quarter, marking a 14.1% decrease from RM540.9 million in the same period last year.

Revenue Decline

Revenue for the quarter was RM2.72 billion, down 18.3% from RM3.33 billion in the second quarter of 2024. The decline in revenue is attributed to lower performance in the marine and heavy engineering segments, reduced income from ongoing projects, and lower day rates from contracts, vessel scrapping, and asset management. The LNG segment also faced challenges, contributing to the overall decrease in earnings.

Half-Year Financial Overview

For the six months ended June 30, 2025, MISC Berhad’s net profit totaled RM1.17 billion, a 7.1% decrease from the previous year. Cumulative revenue for the period was RM5.54 billion, down 20.5% from RM6.97 billion in the same period last year.

Dividend Declaration

Despite the decline in profits, MISC Berhad’s board has approved a second tax-exempt dividend of eight sen per share for fiscal 2025, payable on September 25, 2025. The ex-dividend date is set for September 9, 2025.

Future Outlook

Looking ahead, MISC Berhad anticipates continued challenges in the LNG transportation sector due to a strong expansion of its fleet and subdued tonne-mile demand. However, the company expects the crude oil tanker market to remain relatively stable for the remainder of 2025, supported by a balanced supply-demand outlook. The offshore segment is expected to benefit from ongoing global energy demand, driving investments in upstream development and exploration.

In the marine and heavy engineering sectors, MISC Berhad notes that escalating trade tensions, prolonged geopolitical conflicts, and policy changes are likely to continue exerting pressure on global economic growth. These factors are expected to disrupt supply chains, alter trade flows, and lead to more cautious investment sentiment.

Conclusion

MISC Berhad’s financial performance in the second quarter reflects the challenges faced by the energy and maritime sectors. However, the company remains committed to navigating these challenges while continuing to deliver value to its shareholders through strategic initiatives and operational efficiencies.