PETALING JAYA: Scientex Bhd
continues to caution against a challenging outlook for its packaging business while maintaining an optimistic outlook on the demand for its property division.
For the fourth quarter ended July 31, 2024 (4Q24), the global packaging manufacturer and property developer’s net profit rose by 18.2% year-on-year (y-o-y) to RM135.9mil or earnings per share of 8.76 sen. The group also posted a 9% y-o-y increase in its revenue to RM1.17bil.
