Raw material cost poser for Scientex Packaging

KUALA LUMPUR: Lingering supply chain issues and rising raw material costs have analysts less than upbeat about the near-term earnings prospects of Scientex Packaging (Ayer Keroh) Bhd, formerly known as Daibochi.

CGS-CIMB Research said it expects Scientex Packaging’s margins to be affected in the coming quarters, as raw material costs and logistics expenses may increase in the coming months due to the Russia-Ukraine war.