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KUALA LUMPUR: Profit-taking set in on the local market after a winning streak that was capped off with a surge in banking stocks yesterday.
PETALING JAYA: Scientex Bhd’s net profit jumped 60.9% to RM133.4mil in the fourth quarter ended July 31 from RM82.98mil, marking the first time the group’s quarterly net profit has exceeded the RM100mil mark.
KUALA LUMPUR: Scientex Bhd’s net profit jumped 60.9% to RM133.4mil in the fourth quarter ended July 31, from RM82.98mil, marking the first time the group’s quarterly net profit exceeded the RM100mil mark.
KUALA LUMPUR: JF Apex Research expects Yinson Holdings Bhd, Widad Group Bhd, Perdana Petroleum Bhd, DeGem Bhd and Ikhmas Jaya Group Bhd to be among the stocks to watch on Thursday.
PETALING JAYA: Flexible packaging manufacturer Daibochi Bhd is aiming to commercialise several new sustainable flexible packaging solutions for its multinational consumer brands clientele within the current financial year ending July 31,2020 (FY20).
WITH the market going into a corrective mode following rising uncertainties due to the US-China trade war, flight to safety has indeed been the theme since the beginning of the month as we saw global bond yields falling to levels depicting crisis like environment as central banks race to the bottom in cutting rates.
KUALA LUMPUR: Affin Hwang Capital research said Scientex's 9MFY19 core net profit of RM219mil, 17% higher year-on-year, came within its and market expectations.
PACKAGING materials maker and property developer Scientex Bhd is aggressively stocking up on its land bank, at a time when most developers are taking it slow when it comes to acquiring and developing land due to the overhang in properties.
KUALA LUMPUR: Daibochi Bhd has revised its dividend policy to pay out annual dividend of not less than 30% of the group's normalised reported net profit attributable to shareholders for the financial year.
THANKS to rising profits, the net worth of industrial stretch film producer Scientex’s founding family increased by some 6% last year, pushing them up six rungs from a year earlier.