Scientex Berhad Second Quarter 2023 Earnings: EPS: RM0.069 (vs RM0.06 in 2Q 2022)
Scientex Berhad (KLSE:SCIENTX) Second Quarter 2023 Results
Key Financial Results
- Revenue: RM978.4m (up 2.8% from 2Q 2022).
- Net income: RM106.3m (up 14% from 2Q 2022).
- Profit margin: 11% (up from 9.8% in 2Q 2022). The increase in margin was driven by higher revenue.
- EPS: RM0.069 (up from RM0.06 in 2Q 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Scientex Berhad Earnings Insights
Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Chemicals industry in Malaysia.
Performance of the Malaysian Chemicals industry.
The company's shares are down 6.9% from a week ago.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Scientex Berhad that you should be aware of.
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Scientex Berhad, an investment holding company, manufactures and sells various flexible plastic packaging products.
Excellent balance sheet, good value and pays a dividend.