Scientex Berhad Q3 2026 Financial Results: Revenue, Profit, Segment Analysis & Dividend Announcement

Scientex Berhad Delivers Strong Q3 2026 Results: Operating Profit Surges Amid Stable Revenue

Key Highlights:

Revenue: RM1.12 billion for Q3, up 0.7% from the previous year. Revenue for the nine months ended 30 April 2026: RM3.41 billion, up 2.5%.
Operating Profit: RM202.8 million for the quarter (+14.2% YoY), RM599.7 million for 9 months (+13.2% YoY).
Profit Attributable to Owners: RM142.2 million for the quarter (+14.8% YoY), RM420.3 million for 9 months (+11.6% YoY).
Earnings Per Share (EPS): Basic EPS for 9 months is 27.00 sen, up from 24.22 sen last year.
Declared Dividend: Single tier interim dividend of 6 sen per share, payable 17 July 2026.
Acquisition of SPAK: Completion of selective capital reduction, making SPAK a wholly-owned subsidiary and delisting it from Bursa Malaysia.

In-Depth Review: Quarter and Nine-Month Performance

Scientex Berhad posted robust results for the quarter ended 30 April 2026, with revenue holding steady at RM1.12 billion and operating profit surging to RM202.8 million. This performance was driven by improved margins, operational efficiencies, and favourable market conditions, especially in the Packaging Division.

The Packaging Division recorded a revenue of RM630.0 million (up 2.5% YoY), with operating profit jumping to RM73.2 million, more than doubling from RM34.5 million in the previous year. This improvement was attributed to higher sales volume, improved market sentiment, and optimisation of product mix.

On the other hand, the Property Division posted revenue of RM487.8 million, down 1.6% YoY, mainly due to timing of new project launches. Operating profit was RM129.5 million, slightly lower than RM143.0 million last year.

For the nine months, the Group achieved revenue of RM3.41 billion (+2.5%) and operating profit of RM599.7 million (+13.2%). The Packaging Division contributed RM1.89 billion to revenue and saw its operating profit rise 57.9% to RM169.9 million. The Property Division’s revenue was RM1.52 billion (+4.8%) with operating profit at RM429.8 million (+1.8%).

Financial Position and Cash Flow

Scientex Berhad’s financial position remains strong:

Total assets: RM7.84 billion as at 30 April 2026.
Net assets per share: RM2.83 (up from RM2.65).
Cash and cash equivalents: RM155.0 million, down from RM445.6 million due to significant investing and financing outflows.
Borrowings: RM2.18 billion (long-term: RM1.06 billion, short-term: RM1.12 billion).

The Group had substantial capital commitments of RM34.1 million, mainly for plant, machinery, and land development.

Net cash from operating activities for 9 months was RM379.9 million. Investing activities saw an outflow of RM252.0 million, primarily due to share capital reduction in SPAK and purchase of property, plant, and equipment. Financing activities used RM418.5 million, mainly for dividends, capital reduction, and repayment of borrowings.

Corporate Actions: Completion of SPAK Acquisition

Price-sensitive Event: During the quarter, Scientex completed the selective capital reduction and repayment exercise for Scientex Packaging (Ayer Keroh) Berhad (SPAK), making SPAK a wholly-owned subsidiary. SPAK was subsequently delisted from Bursa Malaysia. This consolidation could streamline operations and potentially unlock further value for shareholders.

Dividend Declaration

The Board has declared a single tier interim dividend of 6 sen per share, mirroring last year’s payout. The dividend is scheduled for payment on 17 July 2026.

Outlook and Prospects

Packaging Division: Faces challenges from geopolitical tensions and energy price volatility. Proactive measures are being taken to ensure supply chain stability, cost optimisation, and operational efficiency. The division is expected to achieve satisfactory results for the financial year.
Property Division: Continues to expand with three new township launches (Melaka, Sungai Petani, Selangor) and strong take-up across ongoing projects. The division is poised for satisfactory performance and sustained growth, underpinned by steady demand for affordable housing.

Other Notable Points

No material litigation as at the reporting date.
Tax expense for 9 months: RM141.4 million (up from RM123.8 million).
No impairment of assets or other unusual items affecting financials.
No profit forecast was issued for the quarter.

What Investors Need to Know

The completion of SPAK’s acquisition and delisting may improve group operational efficiency and control, potentially impacting future earnings.
Strong operating profit growth in Packaging Division signals margin expansion, which could positively affect share price.
Stable dividend payout and robust EPS growth indicate sustained shareholder returns.
Significant capital commitments suggest ongoing expansion and investment in growth projects.

Disclaimer: This article is based on publicly available financial reports and is intended for informational purposes only. It does not constitute investment advice. Readers are encouraged to conduct their own analysis and consult with their financial advisor before making any investment decisions.

Versi Bahasa Malaysia

Scientex Berhad Catat Prestasi Kukuh Suku Ketiga 2026: Keuntungan Operasi Meningkat

Poin Penting:

Hasil: RM1.12 bilion untuk suku ketiga, naik 0.7% dari tahun sebelumnya. Hasil sembilan bulan berakhir 30 April 2026: RM3.41 bilion (+2.5%).
Keuntungan Operasi: RM202.8 juta untuk suku (+14.2% YoY), RM599.7 juta untuk 9 bulan (+13.2% YoY).
Keuntungan kepada Pemilik: RM142.2 juta untuk suku (+14.8% YoY), RM420.3 juta untuk 9 bulan (+11.6% YoY).
Pendapatan Sesaham: 27.00 sen untuk 9 bulan, naik dari 24.22 sen tahun lalu.
Dividen Diisytiharkan: Dividen interim satu peringkat 6 sen sesaham, dibayar 17 Julai 2026.
Pengambilalihan SPAK: Selesai pengurangan modal selektif, SPAK menjadi anak syarikat milik penuh dan dikeluarkan dari Bursa Malaysia.

Tinjauan Suku dan Sembilan Bulan

Scientex Berhad mencatat hasil kukuh untuk suku berakhir 30 April 2026, dengan hasil stabil RM1.12 bilion dan keuntungan operasi melonjak ke RM202.8 juta. Prestasi ini didorong oleh margin yang lebih baik, kecekapan operasi, dan sentimen pasaran yang positif, terutama dalam Bahagian Pembungkusan.

Bahagian Pembungkusan mencatat hasil RM630.0 juta (+2.5% YoY), dengan keuntungan operasi meningkat kepada RM73.2 juta (lebih dua kali ganda dari RM34.5 juta tahun lalu). Peningkatan ini disebabkan oleh jumlah jualan lebih tinggi, sentimen pasaran, dan pengoptimuman produk.

Bahagian Hartanah mencatat hasil RM487.8 juta (-1.6% YoY), menurun akibat waktu pelancaran projek baru. Keuntungan operasi RM129.5 juta, sedikit rendah dari RM143.0 juta tahun lalu.

Bagi sembilan bulan, kumpulan mencapai hasil RM3.41 bilion (+2.5%) dan keuntungan operasi RM599.7 juta (+13.2%). Bahagian Pembungkusan menyumbang RM1.89 bilion hasil dan keuntungan operasi meningkat 57.9% ke RM169.9 juta. Bahagian Hartanah hasil RM1.52 bilion (+4.8%) dan keuntungan operasi RM429.8 juta (+1.8%).

Kedudukan Kewangan dan Aliran Tunai

Jumlah aset: RM7.84 bilion setakat 30 April 2026.
Aset bersih sesaham: RM2.83 (naik dari RM2.65).
Tunai dan setara tunai: RM155.0 juta, turun dari RM445.6 juta akibat perbelanjaan pelaburan dan pembiayaan.
Pinjaman: RM2.18 bilion (jangka panjang: RM1.06 bilion, jangka pendek: RM1.12 bilion).

Kumpulan mempunyai komitmen modal RM34.1 juta, kebanyakan untuk mesin dan pembangunan tanah.

Aliran tunai operasi 9 bulan: RM379.9 juta. Aktiviti pelaburan keluar RM252.0 juta, terutama kerana pengurangan modal SPAK dan pembelian aset. Aktiviti pembiayaan keluar RM418.5 juta, terutamanya untuk dividen, pengurangan modal, dan pembayaran balik pinjaman.

Tindakan Korporat: Pengambilalihan SPAK

Peristiwa Sensitif Harga: Scientex selesai pengurangan modal selektif dan pembayaran semula SPAK, menjadikan SPAK anak syarikat milik penuh dan dikeluarkan dari Bursa Malaysia. Konsolidasi ini boleh meningkatkan kecekapan operasi dan nilai kepada pemegang saham.

Pengisytiharan Dividen

Lembaga mengisytiharkan dividen interim satu peringkat 6 sen sesaham, sama seperti tahun lepas. Dividen akan dibayar pada 17 Julai 2026.

Prospek Kewangan

Bahagian Pembungkusan: Menghadapi cabaran geopolitik dan volatiliti harga tenaga. Langkah proaktif diambil untuk kestabilan rantaian bekalan, pengoptimuman kos, dan kecekapan operasi. Bahagian dijangka mencatat hasil memuaskan.
Bahagian Hartanah: Terus berkembang dengan tiga pelancaran bandar baru (Melaka, Sungai Petani, Selangor) dan pengambilan projek yang kukuh. Bahagian dijangka prestasi memuaskan dan pertumbuhan berterusan.

Perkara Penting Lain

Tiada litigasi material setakat tarikh laporan.
Perbelanjaan cukai 9 bulan: RM141.4 juta (naik dari RM123.8 juta).
Tiada penurunan nilai aset atau item luar biasa lain yang menjejaskan kewangan.
Tiada ramalan keuntungan dikeluarkan untuk suku.

Apa Pemegang Saham Perlu Tahu

Penyelesaian pengambilalihan SPAK boleh meningkatkan kecekapan operasi kumpulan dan kawalan, berpotensi mempengaruhi pendapatan masa depan.
Peningkatan keuntungan operasi Bahagian Pembungkusan menunjukkan pengembangan margin, boleh memberi kesan positif kepada harga saham.
Dividen stabil dan EPS meningkat menunjukkan pulangan pemegang saham berterusan.
Komitmen modal besar menunjukkan pengembangan dan pelaburan berterusan dalam projek pertumbuhan.

Penafian: Artikel ini berdasarkan laporan kewangan yang tersedia secara umum dan bertujuan untuk tujuan maklumat sahaja. Ia bukan nasihat pelaburan. Pembaca digalakkan melakukan analisis sendiri dan berbincang dengan penasihat kewangan sebelum membuat keputusan pelaburan.