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KUALA LUMPUR: Scientex Bhd posted a record high net profit of RM390.11mil in the financial year ended July 31,2020 underpinned by strong growth in its packaging manufacturing and property development segments.
BEIJING: Alibaba Group Holding Ltd unveiled a smart manufacturing and digital solutions factory on Wednesday in Hangzhou, Zhejiang province, as part of its smart manufacturing initiatives.
PETALING JAYA: Scientex Bhd will be able to maintain its gross profit margins as the group operates on a cost pass-through business model for most of its large clients
HONG KONG: Investment between the United States and China tumbled to a nine-year low in the first half of 2020, hit by bilateral tensions that could see more Chinese companies come under pressure to divest U.S. operations, a research report said.
KUALA LUMPUR: AmInvestment Bank Research has started coverage on Scientex with a Buy call and a fair value of RM10.74 based on sum-of-parts (SOP) valuation.
KUCHING: Sarawak’s production and exports of logs from planted forests have surged as the cultivated fast-growing commercial timber trees attain maturity after between 10 and 14 years.
Group unveils smart factory that offers data analytics