Scientex property earnings forecast to increase

Kenanga Research is reducing its FY25 to FY26 earnings by 9% and 15%, respectively.

PETALING JAYA: Scientex Bhd will continue to see heightened competition for the plastic packaging market and its margins may continue to be under pressure.

For the second quarter of its financial year 2025 (2Q25), Scientex posted a net profit of RM123.95mil, down from RM141.01mil, mainly due to competition in industrial packaging products.