KUALA LUMPUR (Sept 9): Scientex Bhd’s (KL:SCIENTX) net profit rose 29.54% year-on-year in the fourth quarter, driven by stronger contributions from its packaging and property divisions.

Net profit for the fourth quarter ended July 31, 2026 (4QFY2026), stood at RM199.92 million, compared with RM154.33 million a year earlier.

Quarterly revenue rose 17.75% to RM1.4 billion from RM1.19 billion while operating profit increased 32.7% to RM281.78 million from RM212.41 million, according to its filing with Bursa Malaysia.

The group recommended a single-tier final dividend of six sen per share for FY2026 — payable on Jan 21, 2027 — subject to shareholders’ approval at its forthcoming annual general meeting.

On the performance of its divisions, Scientex said revenue for the packaging segment rose 18.4% to RM725.3 million from RM612.5 million, supported by steady sales volume and higher selling prices, while operating profit more than doubled to RM87.50 million from RM42.20 million.

Revenue for property division increased 17% to RM678.9 million from RM580.1 million, mainly due to progressive revenue recognition from ongoing projects and sales from new launches, while stronger unit sales were supported by encouraging take-up rates in the Central and Melaka regions. Operating profit rose to RM194.3 million from RM170.2 million.

For FY2026, the group’s net profit rose 16.85% to RM620.17 million from RM530.75 million while revenue increased 6.54% to RM4.81 billion from RM4.52 billion.

Looking ahead, Scientex said its packaging division continues to face a challenging market environment, with geopolitical tensions and global uncertainties driving volatility in energy and raw material prices while uncertain demand and ongoing supply chain and logistics disruptions continue to weigh on market stability.

”The division remains focused on maintaining operational stability and ensuring reliable supply. Close engagement with customers remains a key priority to manage fluctuating demand and changing market conditions. The division also continues to strengthen cost management and operational efficiency to improve resilience and maintain competitiveness,” it said.

Meanwhile, its property division remains focused on the affordable housing segment, supported by a robust development pipeline and stable market outlook, which it expects to underpin continued growth.

The division ended the financial year on a solid footing, supported by healthy launch activity and encouraging market response across its township portfolio, including Scientex SP Astana, Scientex Bestari Jaya, Scientex Cheng and Scientex Muar.

At Wednesday’s noon break, Scientex’s share price rose four sen, or 1.08%, at RM3.74, giving it a market capitalisation of RM5.82 billion.