Scientex reported its first quarter earnings with the group achieving a revenue of RM184.66 million, representing a 3.0% increase compared to RM179.29 million recorded in the preceding year corresponding quarter. Export sales amounted to RM80.74 million, contributing 43.7% of the Group revenue, while domestic sales contributed the remaining RM103.92 million or 56.3%.
The Group recorded an operating profit of RM13.20 million, compared to RM5.67 million in the corresponding quarter of the preceding year. The increase was mainly due to improved operational efficiency and a more favourable sales mix. Profit after tax was at RM9 million compared to RM2.8 million registered in the previous year’s quarter.
Scientex said the corresponding quarter of the preceding year had also been affected by foreign exchange losses.
