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The Financial Today
wrote a post · Jun 11 07:36
Malaysia Packaging and Industrial Group$SCIENTX (4731.MY)$ stated that amid geopolitical tensions, volatile energy prices, and supply chain disruptions, the company is taking more proactive measures to maintain operational stability and supply reliability in its packaging business.
The group noted that these measures include closer communication with customers, along with ongoing efforts to optimize costs and enhance operational efficiency, thereby strengthening the company's resilience and competitiveness.
This statement was released alongside the company's third-quarter results. Scientex reported a 14.8% year-over-year increase in net profit for the third quarter ended April 30, 2026, rising from RM123.87 million a year earlier to RM142.17 million.
Revenue edged up 0.7%, increasing from RM1.11 billion a year earlier to RM1.12 billion, primarily driven by improved performance in the packaging segment.
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