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KUALA LUMPUR: Stocks to watch for on Wednesday include Cypark Resources, KLK, Land & General, Epicon and Scientex Packaging, said Apex Research.
Scientex Bhd highlighted evolving challenges in its packaging division as it reported a lower bottom line for the second quarter of its financial year 2025 (2Q25).
KUALA LUMPUR: Scientex Bhd highlighted evolving challenges to its packaging division as it reported a lower bottomline in the second quarter of its financial year (2QFY25).
KUALA LUMPUR: Scientex Packaging (Ayer Keroh) Bhd says the global market outlook remains challenging but it is committed to enhancing its competitiveness and driving a sustainable performance in the current financial year.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Scientex Bhd will continue to see heightened competition for the plastic packaging market and its margins may continue to be under pressure.
Despite the global market remaining challenging, Scientex Packaging (Ayer Keroh) Bhd says it will remain steadfast in managing operational costs and maintaining its competitive edge by optimising machinery as well as waste reduction while enhancing work productivity.
Scientex Packaging (Ayer Keroh) Bhd’s net profit slumped by 62.4% year-on-year (y-o-y) in the first quarter ended Oct 31, 2024 (1Q24) due to changes in sales mix and fluctuations in foreign exchange.
Scientex Bhd expects the global packaging market to continue facing headwinds, highlighted by soft demand and elevated costs that could impact operational costs.
PETALING JAYA: Scientex Bhd continues to caution against a challenging outlook for its packaging business while maintaining an optimistic outlook on the demand for its property division.
Scientex Bhd’s earnings from its packaging segment is expected to recover but remain soft as the foreign exchange impact normalises and overall demand stays muted.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
KUALA LUMPUR: Scientex Packaging (Ayer Keroh) Bhd said it is committed to enhancing its competitiveness and capitalising on new growth opportunities to deliver a sustainable performance in the upcoming financial year.
KUALA LUMPUR: Scientex Bhd sees long-term opportunities in the flexible packaging industry, supported by its capacity and capabilities to innovate and develop customised value-added packaging solutions according to chief executive officer Lim Peng Jin.
PETALING JAYA: Analysts expect a soft earnings outlook for Scientex Bhd’s packaging segment this year due to inflationary pressures and rising energy costs.
KUALA LUMPUR: Here is a recap of the announcements that made headlines in Corporate Malaysia.
Scientex Bhd sees long-term opportunities in the flexible packaging industry, supported by its capacity and capabilities to innovate and develop customised value-added packaging solutions.
Scientex Bhd, a major player in Malaysia’s property and packaging industries, anticipates strong performance in the coming financial year, driven by its twin-engine strategy.
KUALA LUMPUR: Scientex Packaging (Ayer Keroh) Bhd said it is committed to delivering a sustainable performance in the current financial year amid a challenging global market outlook.
