SCGP’s 3Q Earnings Drop 9% to ฿1.3Bn as Revenue Shrinks from Global Pandemic
SCGP’s 3Q Earnings Drop 9% to ฿1.3Bn as Revenue Shrinks from Global Pandemic.
SCGP’s 3Q Earnings Drop 9% to ฿1.3Bn as Revenue Shrinks from Global Pandemic.
10 พ.ย. 2563

SCG Packaging Public Company Limited (SCGP) has reported its 3Q20 consolidated financial statement through the Stock Exchange of Thailand as follows;

SCGP recorded a net profit of 1,335 million baht in 3Q20, decreased 9.23% when compared to the same period of last year.
In 3Q20, revenue from sales of SCGP registered at 23,287 million baht, increased 8% QoQ due to a slight recovery in demand of durable goods such as Electronics and Electrical products and automotive industry, continual growth of demand in essential products and a recovery in export volume.
While revenue decreased 5% YoY as a result of COVID-19 pandemic. Similarly, EBITDA was 4,121 million baht, increased 4% QoQ and decreased 1% YoY to while achieving an EBITDA margin of 18%, close to Q3/2019.