Page 3 - Scientex Bhd News Today

KUALA LUMPUR: Bursa Malaysia Bhd has announced 10 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) Index and nine new additions to the constituents of the FTSE4Good Bursa Malaysia Shariah (F4GBMS) Index.

PETALING JAYA: Bursa Malaysia has announced 10 new additions to the constituents of the FTSE4Good Bursa Malaysia (F4GBM) index and nine new additions to the constituents of the F4GBM syariah (F4GBMS) index.

KUALA LUMPUR (Dec 8): Based on corporate announcements and news flow on Wednesday, companies in focus on Thursday (Dec 9) may include: ManagePay Systems Bhd (MPay), CTOS Digital Bhd, Top Glove Corp Bhd, Scientex Bhd, TAFI Industries Bhd, Gamuda Bhd, SKP Resources Bhd (SKP), Petronas Gas Bhd (PetGas), VS Industry Bhd, WZ Satu Bhd, Sapura Energy Bhd, Edaran Bhd, Axiata Group Bhd and Toyo Ventures Holdings Bhd.

KUALA LUMPUR, Sept 29 — Plastic products manufacturer, Scientex Bhd (Scientex) has posted a higher net profit of RM457.23 million in the financial year ended July 31, 2021 (FY2021), against RM390.11 million achieved in FY2020 amidst higher contribution from the property segment. Revenue rose 3.9...

KUALA LUMPUR: Scientex Bhd, which recorded a net profit of RM142.65mil in the fourth quarter ended July 31 (4Q21), has proposed a final dividend of five sen per share.

KUALA LUMPUR: Impacted by disruptions to its operations and lower customer demand, Daibochi Bhd recorded a 22.7% drop in operating profit for the financial year ended July 31, 2021 (FY21), to RM52.2mil from RM67.5mil previously.

Scientex Bhd's net profit for the financial year ended July 31, 2021 (FY21) rose 17.2% year-on-year (y-o-y) to RM457.23 million from RM390.11 million on the back of a 3.9% rise in revenue to RM3.7 billion. In a bourse filing on Wednesday, Scientex attributed the record revenue to stable packaging demand and higher sales of affordable homes in Malaysia.

PETALING JAYA: After facing disruptions in business due to Covid-19 restrictions, Able Global Bhd (AGB) is back on the growth track.

Easy access: The depressed share prices of public-listed companies due to Covid-19 have technically helped make it easier to carry out M&As. RECENT privatisation attempts which have failed to be completed have raised the issue of whether Malaysia’s takeover code is in need of a revamp. It is understood that some company owners and advisers have been grumbling about the strictness of the current rules. Their argument is that the rules ought to be relooked at considering that the current climat...

KUALA LUMPUR (March 10): Affin Hwang Capital has downgraded its rating for Scientex Bhd to "hold" from "buy", as it expects further margin squeeze in the group’s manufacturing segment in the subsequent quarters. Its analyst Azhani Hashim said in a note today the flexible plastic packaging manufacturer’s core net profit of RM189 million for the six months ended Jan 31, 2021 (1HFY21) made up 42% of street’s and his full-year FY21 forecasts. “While the property segment recorded higher sale...