Optimistic near-term outlook for Scientex

BIMB Research said it believes the company’s overall performance would be offset by consistent and robust demand for its affordable housing.

PETALING JAYA: Analysts are cautiously optimistic on the near-term outlook of Scientex Bhd amid a challenging business environment.

BIMB Research said despite the challenging performance in Scientex’s packaging division, it believes the company’s overall performance would be offset by consistent and robust demand for its affordable housing.