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Scientex posts record net profit and revenue

PETALING JAYA: Scientex Bhd has recorded the strongest performance in its corporate history for both its fourth quarter and full year ended July 31, 2018.

“These manufacturing facilities give us geographically diverse exposure across key customer markets in Asia and the Americas,” said Scientex managing director Lim Peng Jin(pic)

Selangor Properties Q3 profit jumps 70%

PETALING JAYA: Selangor Properties Bhd (SPB) has registered a 70% growth in net profit to RM33.2mil for the third quarter ended July 31, 2018 (3Q18), compared to the corresponding quarter last year.

In a Bursa Malaysia filing, SPB said it was increasing marketing efforts to drive sales of units in AIRA Residence project. (File pic shows model of Aira Residence project)

Eco World posts 47.6% higher net profit

PETALING JAYA: Eco World Development Group Bhd registered a net profit growth of 47.6% to RM38.5mil for the third quarter ended July 31, boosted by its home ownership campaign #OnlyEco-World launched in June as well as its EcoWorld Help2Own (EW-H2O) financing package.

EcoWorld president and CEO Datuk Chang Khim Wah(pic) said the intense social media and digital marketing drive over the last three months has been very successful in reaching out to its target customers.

China’s steel demand to stay firm despite US trade war

DALIAN: China’s steel demand will remain firm despite the country’s escalating trade war with the United States, and any efforts by Washington to ”sabotage” the Chinese economy will not succeed, the head of China’s steel association said.