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Scientex Packaging (Ayer Keroh) Bhd (formerly known as Daibochi Bhd) saw its net profit in the second quarter ended Jan 31, 2022 (2QFY22) fall 22.57% to RM11.69 million from RM15.1 million in the previous year’s corresponding quarter, due to a rise in raw material and freight costs. ....
KUALA LUMPUR: Daibochi Bhd, a leading flexible plastic packaging (FPP) solutions provider, remains cautiously optimistic that the current financial year ending July 31, 2022 (FY22) would remain positive on the back of resilient demand for FPP solutions. ....
KUALA LUMPUR: Impacted by disruptions to its operations and lower customer demand, Daibochi Bhd recorded a 22.7% drop in operating profit for the financial year ended July 31, 2021 (FY21), to RM52.2mil from RM67.5mil previously. ....
Scientex Bhd's net profit for the financial year ended July 31, 2021 (FY21) rose 17.2% year-on-year (y-o-y) to RM457.23 million from RM390.11 million on the back of a 3.9% rise in revenue to RM3.7 billion. In a bourse filing on Wednesday, Scientex attributed the record revenue to stable packaging demand and higher sales of affordable homes in Malaysia. ....