SCG Vietnam reports $320m revenues in 2019

Thursday, Feb 06, 2020 08:41

SCG Vietnam reported revenues of $320m in 2019. — Photo Courtesy SCG Vietnam

SCG Vietnam announced revenues of VND7.4 trillion (US$320 million) in the last quarter of 2019, which took full-year sales to VND29.5 trillion ($1.3 billion).

SCG’s operations in Southeast Asia excluding Thailand reported flat sales in the last quarter amounting to VND23.3 trillion ($1 billion), equivalent to 27 per cent of total revenues, including from both operations in each market and imports from the Thai operations.

SCG unveiled business strategies to overcome disruptions spawned by uncontrollable external factors in 2020.

It is set to revamp three core businesses and equip human resource development to effectively shift from being a manufacturer to a solutions and services provider, winning customers’ hearts throughout ASEAN and maintaining sustainable business growth.

Roongrote Rangsiyopash, president and CEO of SCG said: "Fluctuations driven by uncontrollable external factors has made a significant impact on businesses globally over the past year. As a result, in 2020 SCG is forced to develop comprehensive business strategies aimed at overcoming disruptions promptly and maintaining sustainable business growth.

SCG, one of the leading conglomerates in the Southeast Asian region, comprises three core businesses: SCG Cement-Building Materials, SCG Chemicals and SCG Packaging.

Today, with a total of 21 companies across Viet Nam driven by more than 8,500 employees, SCG offers a variety of premium products and services. — VNS

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