Scientex Bhd 2018 AR2
The report highlights Scientex Berhad's performance and sustainability progress for the fiscal year ended July 31, 2018, marking its 50th anniversary. The company achieved a record revenue of RM 2.6 billion, representing a 9.3% increase from the previous year, driven by capacity expansions in its manufacturing division and robust affordable housing sales. Key developments included the acquisition of Klang Hock Plastic Industries (KHPI) and new land acquisitions in Selangor and Johor to support its goal of delivering 50,000 affordable homes by 2028. On the environmental front, Scientex advanced its green initiatives by developing bio-degradable packaging films and implementing 3R practices across its manufacturing plants.
Company: Scientex Bhd
Sector: Materials
Country: Malaysia
Year: 2018
Type: AR2
Pages: 156
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Scientex Bhd
Annual Report
The report highlights Scientex Berhad's performance and sustainability progress for the fiscal year ended July 31, 2018, marking its 50th anniversary. The company achieved a record revenue of RM 2.6 billion, representing a 9.3% increase from the previous year, driven by capacity expansions in its manufacturing division and robust affordable housing sales. Key developments included the acquisition of Klang Hock Plastic Industries (KHPI) and new land acquisitions in Selangor and Johor to support its goal of delivering 50,000 affordable homes by 2028. On the environmental front, Scientex advanced its green initiatives by developing bio-degradable packaging films and implementing 3R practices across its manufacturing plants.
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Document Details
Report Year
2018
Reporting Period
Aug 1, 2017 - Jul 31, 2018
Fiscal Year
2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available