Malaysia Smelting Corporation Berhad said on Feb, 23 2026 that revenue for the year to Dec, 31 2025 rose 4% to about 510 million Singapore dollars, bolstered by firmer tin prices and higher sales of tin-bearing intermediates.

Full-year profit before tax improved 5% to roughly 40 million Singapore dollars, while net profit attributable to shareholders edged up 3% to around 28 million Singapore dollars. Earnings per share came in at 9.8 Singapore cents on a post-bonus-issue basis.

By segment, the tin smelting division generated a profit before tax of approximately 7.5 million Singapore dollars, compared with 9.4 million Singapore dollars a year earlier, reflecting reduced ore intake and a temporary production disruption in the second quarter. The tin mining unit contributed about 33.8 million Singapore dollars in profit before tax, up from 32.0 million Singapore dollars, supported by higher average tin prices despite marginally lower output.

For the fourth quarter alone, revenue reached about 139 million Singapore dollars, up 7% year on year, while profit before tax increased 4% to roughly 15.1 million Singapore dollars.

The board recommended a final dividend of 4.0 Singapore cents per share, bringing total dividends for FY2025 to 8.0 Singapore cents.

Looking ahead, the group said demand from electronics, clean-energy, artificial intelligence and data-centre sectors remains supportive, although supply risks persist due to potential policy shifts and geopolitical factors. It plans to capitalise on efficiencies from its new Pulau Indah smelter and to expand mining activities to enhance output and productivity.