Scientex Bhd 2019 AR2
The report highlights Scientex Berhad's financial and operational achievements for the fiscal year 2019, during which the company achieved a record revenue of RM3.2 billion and a net profit of RM333.7 million. Key developments included the strategic acquisition of a 61.89% stake in Daibochi Berhad, expanding the company's manufacturing presence into Myanmar and the flexible plastic packaging market. In its property division, Scientex delivered its best results in history, driven by strong demand for affordable housing, and launched the first-ever 'Rumah Belia Melaka' housing scheme. On the sustainability front, the company aligned its operations with four UN Sustainable Development Goals and continued its progress toward completing 50,000 affordable homes by 2028.
Company: Scientex Bhd
Sector: Materials
Country: Malaysia
Year: 2019
Type: AR2
Pages: 182
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Scientex Bhd
Annual Report
The report highlights Scientex Berhad's financial and operational achievements for the fiscal year 2019, during which the company achieved a record revenue of RM3.2 billion and a net profit of RM333.7 million. Key developments included the strategic acquisition of a 61.89% stake in Daibochi Berhad, expanding the company's manufacturing presence into Myanmar and the flexible plastic packaging market. In its property division, Scientex delivered its best results in history, driven by strong demand for affordable housing, and launched the first-ever 'Rumah Belia Melaka' housing scheme. On the sustainability front, the company aligned its operations with four UN Sustainable Development Goals and continued its progress toward completing 50,000 affordable homes by 2028.
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Document Details
Report Year
2019
Reporting Period
Aug 1, 2018 - Jul 31, 2019
Fiscal Year
2019
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
Workplace Fatalities
Employees