Scientex 2Q net profit falls on rising raw material costs, shortages


KUALA LUMPUR: Scientex Bhd recorded a net profit of RM93.69mil in the second financial quarter ended Jan 31, 2021, a 16.48% decline from RM112.17mil in the previous corresponding quarter.

The plastics packaging and property group reported revenue of RM952mil, which was 5% higher compared to RM906.5mil in the same quarter of the previous year. However, operating profit declined 15.6% to RM149.2mil.

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Scientex , packaging , property

   

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