Scientex Q3 earnings rise 60% to RM110mil


Scientex Bhd has posted close to a 60% year-on-year (y-o-y) jump in its net profit to RM109.9mil in its third quarter ended April 30, 2021.

PETALING JAYA: Scientex Bhd has posted close to a 60% year-on-year (y-o-y) jump in its net profit to RM109.9mil in its third quarter ended April 30, 2021 (Q3) on the back of a record high quarterly revenue of RM976.8mil.

“Scientex remains on firm footing in the global flexible packaging market and in Malaysia’s affordable home segment; both of which fulfil the essential needs of food and beverage, lifestyle necessities and shelter, ” its chief executive officer Lim Peng Jin (pic below) said in a statement.

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