KUALA LUMPUR – Scientex Bhd shares rose 1.13% after it recorded the highest ever quarterly net profit at RM133.4 million. A 60.8% climb from RM82.99 million in the previous year.

The company’s revenue expanded from RM720.72 to RM 938.77, a 30.3% difference.

Scientex managing director Lim Peng Jin wants to target higher sales to both the domestic and export markets on the manufacturing segment and larger scale of launch worth RM1.3 billion in property development segment by 2020.

Read more related articles about Malaysia Business News: https://www.malaysiajournal.com/news_type/all-the-news-of-business/
Follow us on Facebook and stay up to date with the latest content

LEAVE A REPLY

Please enter your comment!
Please enter your name here