SCGM’s revenue lifted by robust demand


SCGM managing director Datuk Seri Lee Hock Chai (pic) said the group was mindful of the rising costs of raw materials, particularly resin, compared to the low-demand price points a year ago.

PETALING JAYA: SCGM Bhd has posted a revenue increase of 18.9% to RM72.5mil for the second quarter ended Oct 31, 2021 (Q2’FY22) from RM61mil in Q2’FY21, driven by higher demand for thermo-form food and beverage packaging in Malaysia and its export countries.

The food-packaging manufacturer declared the second interim dividend of 1.7 sen per share to be paid on Jan 26.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

SCGM BHD , revenue , Lee Hock Chai ,

   

Next In Business News

Feytech signs underwriting agreement for listing on Main Market
EPF Account 3 draws concerns over dividends
Developers gearing up for higher sales
Kimlun wins RM150mil deal from Astaka
Systech gets shareholders’ nod for capital exercise
Huawei starts new smartphone Pura 70 sale amid scrutiny on chips
Smart Asia en route for listing on ACE Market
IGB-REIT likely to maintain organic growth
State-owned enterprises achieve milestone in key HSR construction
Trading suspension for Awanbiru

Others Also Read