PETALING JAYA: Packaging manufacturer and property developer Scientex Bhd attained a net profit of RM438.1 million for the financial year ended July 3...
PETALING JAYA:
The group’s property segment drove topline growth, increasing by 29.1% to RM1.45 billion in FY23 from RM1.12 billion previously, on strong take-up rates for new launches as well as higher sales and steady construction progress in ongoing projects. The decline in quarterly net profit was largely due to rising operating costs, particularly energy, in addition to an impairment of goodwill of RM22.7 million in relation to its Myanmar operations.
“We are confident that the positive performance of the property division will continue to gain momentum in the current financial year ending July 31, 2024 , as we reap the benefits of existing strategies such as bulk purchase, optimising land use and deploying Industrialised Building System to maintain affordability and competitiveness of our homes,” he added.
Italia Ultime Notizie, Italia Notizie
Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.
Scientex posts RM438mil net profit in FY2023, boosted by property businessGains in the group’s property division offsets slowdown in its packaging business.
Leggi di più »
Malaysia to host ESL One ‘Dota 2’ tournament with RM4.6mil prize poolMalaysia will be hosting the ESL One Kuala Lumpur 2023 tournament where 12 top Dota 2 teams will compete for a prize pool of US$1mil (RM4.6mil).
Leggi di più »
Shuttler happy to finish campaign in Hong Kong in good formPETALING JAYA: Shuttler Pearly Tan can finally afford to smile big.
Leggi di più »
Ibu percaya mayat dibakar adalah DarvnrajhALOR GAJAH: 'Saya percaya mayat itu adalah anak saya (R. Darvnrajh) . Mengapa dia dibunuh, sama ada kerana wang RM4,000 hasil jualan motosikal
Leggi di più »
Pekerja IT nikmati pertumbuhan gaji paling tinggi, kata portal pekerjaanDalam panduan gaji 2023, JobStreet berkata median gaji industri IT melonjak dari RM3,750 kepada RM4,800 dalam tempoh 12 bulan terakhir.
Leggi di più »
Planned Rawang incinerator not something from the 90s, says MBSelangor menteri besar Amirudin Shari says the planned RM4.5 billion green energy plant does not use old technology.
Leggi di più »