KUALA LUMPUR: Scientex Bhd
posted a higher net profit of RM135.18 million in the second quarter ended Jan 31, 2026 (2Q FY2026) from RM123.95 million in the same quarter of FY2025.
Revenue for the quarter rose by 2.8 per cent to RM1.14 billion from RM1.11 billion previously.
In a filing with Bursa Malaysia today, the packaging and property company said the group’s property revenue stood at RM513.6 million, representing an increase of 8.3 per cent compared to RM474.4 million recorded in the preceding year’s corresponding quarter.
"The higher revenue was contributed by steady progressive revenue recognition from ongoing projects and encouraging sales from new launches.
"In tandem with the higher revenue recorded, operating profit increased to RM143.6 million compared to RM133.1 million recorded in the preceding year corresponding quarter,” it added.
For the first half of 2026 ended Jan 31, 2026 (1H FY2026), the company posted a higher net profit of RM278.09 million compared with RM252.55 million previously, while revenue increased to RM2.29 billion from RM2.21 billion in the preceding period.
Looking ahead, it said the packaging division continues to face a challenging outlook amid intensifying geopolitical tensions, particularly the ongoing West Asia conflict.
The situation has triggered heightened volatility in energy prices while placing additional pressure on supply chains and logistics, contributing to overall market instability.
"The division remains focused in innovating and enhancing product development to cater for the need of customised, value added and sustainable packaging in the market. Simultaneously, it also prioritised cost management and enhancing operational efficiency to improve overall competitiveness,” it added.
On property, Scientex expects to continue to expand its launch pipeline while consistently delivering quality and affordable homes to meet prevailing market demand.
Moving forward, the company said the division will continue rolling out new phases in line with market demand while maintaining construction momentum across existing developments. - Bernama
