KUALA LUMPUR: Scientex Bhd
said its property and packaging divisions are expected to deliver satisfactory results for the financial year, despite geopolitical uncertainties and a challenging operating environment for its packaging business.
For the third quarter ended April 30, 2026, the group posted a net profit of RM142.2mil, up 14.8% from a year earlier, translating to earnings per share of 9.14 sen.
This brought its cumulative nine-month net profit to RM420.2mil, an increase of 11.6%, or 27.00 sen per share.
Quarterly revenue rose 0.6% to RM1.12bil, lifting nine-month revenue by 2.5% to RM3.4bil.
The board declared a single-tier interim dividend of six sen per share, unchanged from the six sen per share paid a year earlier. The dividend will be paid on July 17, 2026.
The group said its packaging division continues to face headwinds from ongoing geopolitical tensions, which have contributed to energy price volatility, supply chain disruptions and logistical challenges.
“To mitigate these challenges, the division has undertaken proactive measures to ensure operational stability and supply
reliability. The division also continues to engage closely with customers to manage market uncertainties and ensure stable supply,” Scientex said in the notes accompanying its financial results.
Despite the challenging outlook, Scientex expects the packaging division to deliver satisfactory results for the financial year.
Meanwhile, the property division remains well-positioned to strengthen its presence in the affordable housing segment, supported by sustained demand, active project execution and an expanding township pipeline.
The group said it has three new township developments in the pipeline — the 528-acre Scientex Melaka in Cheng, the 228-acre Scientex SP Astana in Sungai Petani, Kedah, and the 826-acre Scientex Bestari Jaya in Selangor.
“Together, these new townships are expected to further broaden the division's geographical presence and contribute positively to its medium to long-term growth,” Scientex said.
Construction across its ongoing developments is progressing steadily, with progressive billings continuing to support revenue recognition. The group is also evaluating land acquisition opportunities to sustain its development pipeline.
Looking ahead, Scientex said its property division is poised to deliver satisfactory performance for the financial year.
