Share
- The packaging manufacturer and property developer attributed the increase to the steady construction progress on existing projects and new launches in Sungai Dua, Ipoh, Jenjarom, Bandar Jasin and Pulai, citing that property revenue reached RM580.1 million, marking a 12.2% increase from RM517.0 million in the same quarter last year.
KUALA LUMPUR (Sept 17): Scientex Bhd posted a 13.6% rise in net profit to RM154.3 million for the fourth quarter ended July 31, 2025 (4QFY2025), from RM135.9 million in the corresponding period last year.
In a bourse filing on Wednesday, the packaging manufacturer and property developer attributed the increase to the steady construction progress on existing projects and new launches in Sungai Dua, Ipoh, Jenjarom, Bandar Jasin and Pulai, citing that property revenue reached RM580.1 million, marking a 12.2% increase from RM517.0 million in the same quarter last year.
Quarterly revenue also rose 2.1% to RM1.20 billion from RM1.17 billion.
The board declared a single-tier final dividend of six sen per share, bringing the total dividend for the year to 12 sen, payable on Jan 23, 2026.
For the full financial year ended July 31, 2025 (FY2025), net profit eased slightly to RM530.8 million from RM545.2 million previously, as stronger earnings from the property segment were offset by weaker results in the packaging division.
Annual revenue inched up 0.9% to RM4.52 billion from RM4.48 billion. Packaging revenue fell 4.3% to RM2.48 billion, while property revenue rose nearly 8% to RM2.03 billion.
The group said it plans to launch additional property projects in 2026, following sustained demand across Penang, Kedah, Perak, Selangor, Melaka and Johor this year.
Recent land acquisitions in Muar, Bestari Jaya, Jawi, Pulai and Paya Rumput are expected to reinforce its development pipeline and support long-term growth. Scientex has completed more than 42,000 affordable homes and remains on track to achieve its 50,000-home target by 2028.
On the packaging side, the company highlighted continued challenges from competition, inflation, currency volatility and global economic uncertainties.
The group said it will focus on cost management, operational efficiency, innovation and customised sustainable packaging solutions, alongside talent development and digitalisation initiatives, to strengthen business resilience and support sustainable growth.
As Penang girds itself towards the last lap of its Penang2030 vision, check out how the residential segment is keeping pace in EdgeProp’s special report: PENANG Investing Towards 2030.
