Impairments impact: Malaysia's MISC posts profit drop despite steady revenue

Impact of Covid-19 on company's heavy engineering business offsets stronger performance from other segments

MISC: the Malaysian company posted a fall in second quarter profits thanks to impairments against its heavy engineering business
MISC: the Malaysian company posted a fall in second quarter profits thanks to impairments against its heavy engineering businessPhoto: MISC
Published 13 August 2020, 07:15Updated 13 August 2020, 07:15