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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.
KUALA LUMPUR: MIDF Research is revising higher its earnings estimates for Daibochi Bhd as it takes into account the resilient demand for flexible plastic packaging from the group's customers coupled with the expected increase in production capacity.
MELAKA: Daibochi Bhd posted its highest-ever net profit of RM47.7mil for the financial year ended July 31,2020 (FY20) on the back of RM619.3mil in revenue.
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
KUALA LUMPUR: Daibochi Bhd posted its highest-ever net profit of RM47.7mil in its financial year ended July 31, 2020, on the back of revenue of RM619.3mil owing to resilient demand for flexible plastic packaging (FPP) in the food and beverage and fast-moving-consumer-goods sectors.
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.
CHARGING consumers for the sale of single-use plastic bags is a good step to raise awareness of plastic pollution, but is insufficient in addressing the scale of this particular environmental problem, says a global pressure group.
Founded by a 15-year-old Australian, this social enterprise based in Malaysia turns ocean waste into bags, souvenirs and containers.
Several top food and beverages companies have established a new organisation to ramp up their recycling efforts and reduce plastic packaging waste in Indonesia, which the companies commonly produce and usually ends up polluting the sea.
Integrated refineries convert oil into other products