Malaysia Smelting faces near-term earnings hit from RHT suspension
KUALA LUMPUR: Malaysia Smelting Corp Bhd is expected to post lower earnings in the near term following the temporary suspension of mining operations at its subsidiary, Rahman Hydraulic Tin (RHT), analysts said.
Malaysia Smelting Corp Bhd is projected to experience a decline in earnings for the upcoming quarter due to the temporary suspension of mining activities at its subsidiary, Rahman Hydraulic Tin (RHT). Analysts estimate that the disruption, lasting approximately four and a half weeks, could lead to a net profit reduction of about RM11 million to RM12 million in Malaysia Smelting's third quarter of fiscal year 2026.
However, the company's tin smelting operations are not directly affected, as it can obtain alternative mines, which may offset the impact from RHT's suspension.
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