Scientex posts net profit of RM115mil in Q4


The group said it remains focused on its long-term growth strategy and is confident of a sustainable performance in the coming financial year.

PETALING JAYA: Scientex Bhd recorded a weaker bottomline in the final quarter of its 2023 financial year as its packaging business experienced softer market demand across its product segments.

In the quarter ended July 31, 2023, Scientex posted a net profit of RM114.89mil as compared to RM124.98mil a year before.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Scientex , Packaging , Property , Revenue , Profit , Dividend , Outlook

Next In Business News

Malaysia needs more white knights�
City data in real time
The growth trajectory of M-REITs
TRUST AS THE NEW COMPETITIVE ADVANTAGE IN MALAYSIA'S AI ECONOMY
Europe’s AI debt rush
Asia seen as sweet spot in physical AI
Closing the university-industry gap
Cheap labour, costly future
Slow turn in earnings
French consumers cut back spending

Others Also Read