Scientex posts 30% rise in quarterly profit on packaging gains
Malaysian packaging and property group Scientex reported fourth-quarter net profit up 29.54% year-on-year to RM199.92m for the quarter ended 31 July 2026, with packaging division operating profit more than doubling to RM87.50m on higher volumes and selling prices. The board recommended a final dividend of six sen per share for FY2026, payable 21 January 2027, subject to AGM approval; the company flagged continued volatility in energy and raw material costs for the packaging division.
Why this mattersImproved packaging margins despite cited raw-material and energy volatility signal resilient pricing power at Southeast Asian flexible packaging converters.
- Fourth-quarter net profit rose 29.54% year-on-year to RM199.92m for the period ended 31 July 2026, from RM154.33m
- Quarterly revenue rose 17.75% to RM1.4bn, operating profit up 32.7% to RM281.78m
- Packaging segment revenue rose 18.4% to RM725.3m, operating profit more than doubled to RM87.50m from RM42.20m
- Property division revenue rose 17% to RM678.9m, operating profit up to RM194.3m from RM170.2m
- Full-year FY2026 net profit rose 16.85% to RM620.17m on revenue of RM4.81bn
- Board recommended a final dividend of six sen per share for FY2026, payable 21 January 2027