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KUALA LUMPUR: Scientex Bhd recorded a net profit of RM88.3mil in its financial third quarter ended April 30, 2022, a 19.61% decrease from RM109.88mil in the previous corresponding quarter.

The plastic packaging group reported revenue of RM993.84mil, a 1.75% increase over the comparative quarter.

The board of directors declared an interim dividend of four sen per share for shareholders on the register on July 7, 2022, payable on July 22, 2022.

In a filing with Bursa Malaysia, Scientex noted that its packaging segment contributed a lower operating profit of RM57mil compared to RM64.5mil previously despite improved revenue, due to an increase in raw material prices and freight costs.

Property revenue meanwhile fell 20% year-on-year to RM244.2mil due mainly to the deferment of the certificate of completion and compliance for projects in Johor and Melaka due to material shortages for power supply infrastructure.

In line with the lower revenue recorded, the segment's operating profit for the quarter stood at RM66.3mil compared to RM84mil in the preceding year corresponding quarter.

Over a nine-month period, Scientex's net profit was RM284.89mil, 9.44% lower than RM314.58mil in the same period previously.

Revenue was RM2.87bil, a 7% increase from the comparative period.

On future developments, the group said its ongoing capacity and capability expansion plans remain on track.

"Our new robotic stretch film plant is expected to be commissioned in the second half of 2022.

"In addition, innovating sustainable and value added products in line with customer needs and market trend remains as one of our core focus as we seek to expand our market presence.

Meanwhile, its property division has adopted a cautious approach towards scheduled new launches.

"For the coming quarter, the division has planned to launch several new phases in its existing projects in Selangor, Melaka, Johor and the maiden launch of its projects in Seremban, Negeri Sembilan and Sungai Petani, Kedah respectively.

"The group will continue to leverage on its brand and strategic locations to meet demand for our affordable homes throughout the Peninsular," it said.


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  1. 皇冠买球(www.hg108.vip)
    皇冠买球(www.hg108.vip)
    (2022-07-24 00:01:16) 1#

    傲农生物进一步示意,对于公司而言,现在最主要的是提高效率,尽快提升达产率实现生猪出栏规模。克日,傲农生物董秘办公室工作人员对界面新闻记者示意,“公司1月份公布了股权激励设计,接下来三年生长都市根据定下的目的走。”据傲农生物于2021年1月披露的股权激励设计显示,首次授予限制性股票的排除限售审核年度为2021-2023年三个会计年度,年度业绩审核目的是:公司2021至2023年的生猪销售量划分不低于400万头、750万头、1000万头。作者辛苦了。

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