Scientex 3Q net profit at RM69.62mil due to Covid-19, div 10c

Scientex CEO Lim Peng Jin said despite the challenging economic and operating environment due to the Covid-19, its FPP manufacturing division was abe to provide its products in the third quarter including the industrial and essential food and beverages (F&B) and fast moving consumer goods.

KUALA LUMPUR: Scientex Bhd's net profit fell by 4.4% to RM69.62mil in the third quarter ended April 30,2020 from RM72.88mil a year ago amid a challenging economic and operating environment.

Scientex, whose core activities are integrated flexible plastic packaging (FPP) and property, said on Tuesday its revenue declined by 6.7% to RM772.23mil from RM828.45mil.